$84.59
2.61 (+3.18%)
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.
RSS Headlines
Fool UK
Recs
Okay, let's grab hold of our wits and think forward a year, two years, four years. Do we REALLY think that no one is going to buy a car between now and then? Of course the car market will return. Once financing starts rolling again, people will buy cars. Face it, we LOVE cars. Everybody loves cars - esp Americans. Taking the bus? Cmon. Bicycles? Get real.So the only question is: who is best positioned to thrive in the recovery, and what is their stock trading at today. TM is the best run car co in the world, the best positioned for the Cars of Tomorrow (electric), and may be the best Manufacturer of ANY kind. Everyone wants to be like them. They DEFINE quality.At anything below 70 dollars, TM is a great buy now, and I think you can hold it to 100 dollars per share with no worries.Along with AAPL, one of the VERY few buy and hold stories in the world today.
Yes, Toyota has won the competition of GM but was the race really fair? A donkey would have lead that company better than 'management' of GM.
A lot of Chinese auto-makers are entering the market, with even lower production costs than Toyota.
No one knows who will be the giant of electric cars, hydrogenic and hybrid cars, but it might as well be Honda, Nissan, BYD or Tata Motors. In the U.S., small companies like Tesla Motors could actually be eating into Toyota's market share.
Also, everybody is talking about the Prius but do people really WANT to drive them, or do they HAVE to. Have a look at Honda's insight: Same price, same mpg, but this is actually a cool car to drive in. At least, that's why I bought'em.
Anyway, TM is not a great buy now, because debt is piling up and sales won't be at the level of 2008 before 2012. IF they'll ever get there.