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$92.84 -0.33 (-0.35%)
7/8/2008 4:03 PM

Toyota Motor Corp (ADR) (TM)

CAPS Rating:
****

The Company is engaged in the design, manufacture, and sale of sedans, compact cars, sport-utility vehicles, trucks & related parts & accessories throughout the world. It also provides financing, vehicle and equipment leasing & other financial services.

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Recs

5

Avatar xthecritic (93.47) Submitted: 1/07/08 3:38 PM : Underperform Start Price: $104.21 TM Score: 1.34

The US auto industry has its problems but foreign auto manufacturers are facing revived domestic competition. This is only partly because of improvements at F, GM, etc.. It is mostly because of the weak dollar. Interest rate cuts might help sustain auto sales in the slowing economy for a period of time but people are going to slow down big ticket purchases.

Rising commodities make this recommendation even easier to swallow. Toyota is a great company but its not going to be a great stock in the next 12 months.

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Avatar xthecritic (93.47) Submitted: 3/17/08 1:23 PM

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Spare a thought for Toyota. It loses $350m in revenues for every one yen move. That is an $8.75bn hit since June. Tokyo's Nikkei index is crumbling.

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