Topic: Growth Stocks

Stock Pickers Digest Hotline – Thursday, April 5, 2012

Article Excerpt

PLEASE NOTE: Our next Hotline will go out on Friday, April 13, 2012. NISSAN MOTOR CO., $20.95, symbol NSANY on Nasdaq, 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. The new Nissan Versa Sedan sold particularly well. Rising demand for this car lifted overall sales of the Versa subcompact by 40.7%, to a total of 15,587 vehicles. Nissan Altima sales continued to be strong: the company sold 41,050 of these cars in March, up 27.1% over the prior year. As well, sales of the Rogue crossover jumped 19.7% during the month, to a record 16,972 vehicles. The company sold just 579 of its Nissan LEAF electric cars in March, although that was up sharply from 298 a year ago. Like all automakers, Nissan needs a renewed…