Recently some Inner Circle members have asked why the price/earnings ratios, or P/Es, of automakers, such as Ford Motor Co., are as low as they are today. They wonder if these low P/Es represent a warning sign, or a buying opportunity. There’s no simple answer… Read More
The falling Japanese yen is good news for these four Japan-based companies. That’s because a lower yen makes their products more attractive in markets outside of Japan. We continue to hold a high opinion of these four, and see two as buys for right now.
TOYOTA… Read More
GENERAL ELECTRIC CO., $13.18, New York symbol GE, rose 15% this week after the company replaced John Flannery as its CEO with Larry Culp, the former CEO of Danaher Corp. (New York symbol DHR).
GE’s board of directors feel that Mr. Culp, who spearheaded Danaher’s spinoff… Read More
TOYOTA MOTOR CO. ADRs $127 (New York symbol TM; Conservative Growth Portfolio, Manufacturing & Industry sector; ADRs outstanding: 1.5 billion; Market cap: $190.5 billion; Price-to-sales ratio: 0.7; Dividend yield: 3.1%; TSINetwork Rating: Above Average; www.toyota. com) sold 2.24 million vehicles in its fiscal 2016 first quarter, ended June… Read More
APACHE CORP. $48 (New York symbol APA; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 380.4 million; Market cap: $18.3 billion; Price-to-sales ratio: 3.3; Dividend yield: 2.1%; TSINetwork Rating: Average; www.apachecorp.com) produces oil and natural gas from properties in the U.S., Canada, Egypt and the U.K.
Pipeline… Read More
HONDA MOTOR CO. LTD. ADRs $30 (New York symbol HMC; Conservative Growth Portfolio, Manufacturing & Industry sector; ADRs outstanding: 1.8 billion; Market cap: $54.0 billion; Price-to-sales ratio: 0.4; Dividend yield: 2.8%; TSINetwork Rating: Above Average; www.honda. com) is Japan’s second largest carmaker and the world’s… Read More
APPLE INC., $159.88, Nasdaq symbol AAPL, has unveiled the latest versions of its popular iPhone smartphones, along with those for its Apple Watch and other products.
The new phones, called iPhone 8 and the larger iPhone 8 Plus, come with several upgrades such as faster processors,… Read More
Toyota and Honda have moved down since the start of 2017, partly due to fears that the U.S. will impose new tariffs on foreign automakers. However, their well-known brands should continue to spur sales in developing nations.
TOYOTA MOTOR CO. ADRs $107 (New York symbol TM;… Read More
U.S. President Donald Trump has pledged to impose new tariffs on vehicles made in Mexico and exported to the U.S. That could hurt earnings at Toyota, Honda and Ford (see next article).
In response, they are trying to come up with plans to satisfy Trump’s concerns around… Read More
MTS SYSTEMS INC., $53.75, Nasdaq symbol MTSC, makes equipment and software that manufacturers use to test the behaviour of materials, machines and structures. This helps them reduce production costs and errors. MTS also makes sensors for industrial equipment.
The stock fell 2% this week after the… Read More