Topic: Growth Stocks

Stock Pickers Digest Hotline – Friday, December 2, 2011

Article Excerpt

NISSAN MOTOR CO., $18.15, symbol NSANY on Nasdaq, reported record U.S. sales in November. Overall, the company sold 85,182 cars and trucks in the U.S. during the month. That’s up 19.4% from 71,366 vehicles in November 2010. The Nissan division’s sales jumped 21.5% to a record 76,754 vehicles. Sales of Infiniti vehicles rose 3.0%, to 8,428 vehicles. The all-new Versa Sedan sold particularly well. Rising demand for this car lifted overall sales of the Versa subcompact by 38.2%, to a total of 9,291 vehicles. Nissan Altima sales continued to be strong: the company sold 20,613 of these cars in November, up 12.2% over the prior year. As well, sales of the Rogue crossover jumped 27.2% in November, to a record 10,845 vehicles. In addition, Nissan sold 672 of its Nissan LEAF electric cars in November. It has now sold 8,738 of these cars since it launched the LEAF in December 2010. Like all automakers, Nissan needs a renewed global economic recovery to continue to…