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Should I buy stock with Toyota?
- Thread starter Rob S
- Start date
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NoneMoreNegative
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Audi's apparently growing faster than any other car company, might want to look into that. Not sure how hybrids and electric cars are going to effect the market in the next 10 years, though.
At some point I think it will be a good investment, but not yet. Wait to see how big the recalls are going to be and how much they are going to cost. Toyota is also going to have to do a PR campaign to gain back market share and they will probably have to have some price cuts on their cars to do it.
At some point I think it will be a good investment, but not yet. Wait to see how big the recalls are going to be and how much they are going to cost. Toyota is also going to have to do a PR campaign to gain back market share and they will probably have to have some price cuts on their cars to do it.
I have a limit order in for about 5% less than it is selling for now. Look at Ford about 8 years ago with all the issues with the Explorer. Everyone said Ford was dead, and now they are doing OK and the Explorer is still a good car brand. So TM is not dead, and will be a powerhouse again. I would not be in any hurry to buy the stock but sometime in the next couple of months when all the bad news blows over, I would get into it.