Topic: Growth Stocks

Stock Pickers Digest Hotline – Friday, June 19, 2015

Article Excerpt

NISSAN MOTOR CO., $20.02, symbol NSANY on Nasdaq, is now offering airbags as an option on its low-priced Datsun cars in India. The move comes as Indian consumers grow more concerned about vehicle safety. The country’s roads are among the world’s deadliest, with more than 130,000 people killed in accidents a year. Last year, Nissan revived the dormant Datsun brand with the launch of an under-$6,700 U.S. hatchback. The company is using Datsun to compete for sales of lower-cost cars in emerging markets, partly to avoid tarnishing its Nissan brand’s reputation for higher-quality vehicles. The option for a driver-side airbag will be available in top-end versions of the Datsun Go small car and Go+ minivan. The airbag-fitted Go and Go+ cost 15,000 rupees ($235 U.S.) more than their next-closest versions, which don’t have airbags. Nissan Motor is still a buy. Nissan Motor was recently covered in the June 2015 issue of Stock Pickers Digest. Click here to access it. Nissan Motor was recently covered…