Honda Motor Co. LTD. ADRs $35 – New York symbol HMC

HONDA MOTOR CO. LTD. ADRs $35 (New York symbol HMC; Conservative Growth Portfolio, Manufacturing & Industry sector; ADRs outstanding: 1.8 billion; Market cap: $63.0 billion; WSSF Rating: Above average) is Japan’s third-largest carmaker, and the world’s largest producer of motorcycles. It also makes lawnmowers, electrical… Read More

Still lots of growth ahead

Japanese automakers Toyota and Honda have been terrific performers for us since we first recommended them in June 2004. Toyota is up 90%, while Honda has gained 71%.

Both continue to do a good job anticipating new trends in the auto industry, such as hybrid-engine cars,… Read More

New plants will help meet high demand

HONDA MOTOR COMPANY ADRs $33 (New York symbol HMC; Conservative Growth Portfolio, Manufacturing & Industry sector; WSSF Rating: Above average) plans to spend $1.2 billion as part of its strategy to expand annual vehicle sales by a third by 2010.

Most of the money will go… Read More