Toyota Investment Has Potential

ToyotaJapanese auto manufacturing giant, Toyota Motor Corporation (NYSE: TM), can be traded on the New York Stock Exchange through an ADR listing. If you want to invest in one of the most stable multinational companies without opening an international brokerage account, then this stock is one to consider.

7 of the Biggest Mistakes People Make When Choosing a Financial Advisor Learn More

Toyota has just released sales figures for November and while total sales are down 0.6%, there is strong growth in the SUV market. RAV4 sales are up 24%, Highlander by 5.6%, and Tacoma by 21.5%. This follows a trend in the auto market where large cars are now favored over sedan and compact counterparts. Toyota can capitalize on this trend by shifting production focus, and it has the resources to do so. With global brand presence and a history of financial stability, Toyota is considered a strong long-term investment.

Analyst estimates for the stock are positive, thanks to a slight dip in value this year and a high target. The consensus price target today is $147.94, an 18% increase over the current trading price. Stock is slightly down year to date but has been climbing in the last month as investors regain confidence. Consider your options on this stock quickly and you’ll have potential for growth in the coming months.

Key Data:

  • 1 Year Price Growth: -0.14%
  • YTD Price Growth: -2.88%
  • 3 Month Price Growth: 23%

All information is based on current and historical market data, as well as publicly available financial data. As with any financial decision, your own research is important. Stock market outcomes can never be 100% accurately predicted. Familiarity with historical data, individual industries, and individual stocks is key to developing a robust portfolio. Note that stock prices can fluctuate rapidly during trading sessions.

 

The reports, research and newsletter are based on current and historical market data, as well as publicly available financial data.They are intended to be a starting point for investors. They do not provide every material fact about a company or industry, nor are they recommendations to buy or sell. The writers and the company make no warranties or representations as to the accuracy of these reports.   You should NOT rely solely upon the information or opinions read in the content. Rather, you should use the content as a starting point for doing independent research on the independent analysis and trading methods in the content. The content is impersonal and does not provide individualized advice or recommendations for any specific reader or individual portfolio. By accessing this website you have agreed to our disclaimers and privacy policy.

 

 

The reports, research and newsletter are based on current and historical market data, as well as publicly available financial data.They are intended to be a starting point for investors. They do not provide every material fact about a company or industry, nor are they recommendations to buy or sell. The writers and the company make no warranties or representations as to the accuracy of these reports.   You should NOT rely solely upon the information or opinions read in the content. Rather, you should use the content as a starting point for doing independent research on the independent analysis and trading methods in the content. The content is impersonal and does not provide individualized advice or recommendations for any specific reader or individual portfolio. By accessing this website you have agreed to our disclaimers and privacy policy.

 

You May Also Like