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$8.81 -0.65 (-6.87%)
10/10/2008 4:00 PM

Nissan Motor Co., Ltd. (ADR) (NSANY)

CAPS Rating:
***

Along with its consolidated subsidiaries, it is primarily engaged in the manufacture and sales of products in the automobile segment. Products include passenger cars, buses and trucks, as well as related components.

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Avatar TheGrtGdOM (33.65) Submitted: 5/20/08 12:42 AM : Outperform Start Price: $18.53 NSANY Score: -14.54

Low PE relative to peers with a decent dividend. (9.9 and 4.2%) but more so positioning to be a leader in the electrification of the transportation sector.

Today brought a $115 million investment with NEC for Li-ion batteries for EVs and HEVs. They are partnered with Project Better Place which will provide a good volume to develop expertise in the product line and planning a wide variety of product over the next several years.

Gas prices are not coming down and the cost of carbon will eventually be accounted for. EVs of various stripes will be part of our future.

Good value. Good dividend. Good long term growth story line if you hve the patience to hold on a few years. My kind of play.

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