Topic: Growth Stocks

NISSAN MOTOR CO. $20.45 – Nasdaq symbol NSANY

NISSAN MOTOR CO. (ADR) $20.45 (Nasdaq symbol NSANY; TSINetwork Rating: Above Average) (310-771-3111; www.nissanmotors.com; Shares outstanding: 2.3 billion; Market cap: $47.0 billion; No dividends paid) reported record U.S. sales in March.

Overall, the company sold 136,317 cars and trucks in the U.S. during the month. That’s up 12.5% from 121,141 vehicles in March 2011.

The Nissan division’s sales jumped 14.8%, to a record 126,132 vehicles. Infiniti sales rose 9.8%, to 10,185 vehicles.

Like all automakers, Nissan needs a renewed global economic recovery to keep pushing up its sales. Meanwhile, its outlook remains positive.

Nissan Motor is still a buy.

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