Topic: Growth Stocks

NISSAN MOTOR (ADR) $18.07 – Nasdaq symbol NSANY

NISSAN MOTOR (ADR) $18.07 (Nasdaq symbol NSANY; TSINetwork Rating: Above Average) (310-771-3111; www.nissan-global.com; ADRs outstanding 2.3 billion; Market cap: $42.8 billion; Yield: 3.3%) is Japan’s second-largest automaker, after Toyota and ahead of Honda.

In December 2015, the company sold a record 139,300 vehicles in the U.S., up 18.7% from 117,318 in December 2014.

Sales of crossovers, trucks and SUVs (46% of the total) jumped 43.9%, thanks to new models such as its updated Rogue (up 78.0%) and Murano (up 62.2%).

Car sales (54% of the total) gained 3.2%. Higher sales of the Versa, Sentra and Maxima offset lower demand for the Leaf electric car and the Altima.

Nissan is a buy.

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