Topic: Growth Stocks

NISSAN MOTOR CO. (ADR) $18.72 – Nasdaq symbol NSANY

NISSAN MOTOR CO. (ADR) $18.72 (Nasdaq symbol NSANY; TSINetwork Rating: Above Average) (310-771-3111; www.nissan-global.com; Shares outstanding: 2.3 billion; Market cap: $43.1 billion; No dividends paid) has reported record North American sales for the month of November.

Overall, the company sold 96,197 cars and trucks on the continent during the month. That’s up 12.9% from 85,182 vehicles in November 2011.

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.

Comments

Tell Us What YOU Think

You must be logged in to post a comment.

Please be respectful with your comments and help us keep this an area that everyone can enjoy. If you believe a comment is abusive or otherwise violates our Terms of Use, please click here to report it to the administrator.