View Poll Results: Do you own shares of Toyota Motor ADR?
Yes, this company rules!
11
57.89%
No, I am a communist
8
42.11%
Voters: 19. You may not vote on this poll
Is your money where your mouth is? (investing in Toyota)
#1
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Is your money where your mouth is? (investing in Toyota)
I just bought some shares of the Toyota ADR (NYSE: TM) today. Just wondering how many of you other Lexus/Toyota enthusiasts own shares. I wish I had bought a year ago, but oh well, a year ago I didn't even know much about Lexus or Toyota at all. Now I know they're going to take over the world. Vote up!
#2
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I'm not sure if I consider Toyota a good buy right now. The stock got downgraded by BoA-s a few weeks ago because of an expected dip in earnings and concern over the potential appreciation of the yen against the dollar (which would decrease Toyota's earnings from US operations).
But those are near-term risks - in the long-run you'll be fine. Toyota is indeed on course to take over the world ...
M.
But those are near-term risks - in the long-run you'll be fine. Toyota is indeed on course to take over the world ...
M.
#5
Super Moderator
It's probably one of those stocks that you can hold on to and won't suffer a big loss, but may not make much gain until the mid-to-long term. Just because they are having success doesn't mean the market hasn't already taken that into account and that he stock will rise.
#6
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Originally Posted by Lexmex
It's probably one of those stocks that you can hold on to and won't suffer a big loss, but may not make much gain until the mid-to-long term. Just because they are having success doesn't mean the market hasn't already taken that into account and that he stock will rise.
Originally Posted by videcormeum
I'm not sure if I consider Toyota a good buy right now. The stock got downgraded by BoA-s a few weeks ago because of an expected dip in earnings and concern over the potential appreciation of the yen against the dollar (which would decrease Toyota's earnings from US operations).
#7
Originally Posted by foofighter
Ford and GM are a better buy
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#8
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Originally Posted by diablo1
Analyst downgrades are a great chance to get a good company at a slight discount.
But, as I said in my first post, in the long run you'll be fine.
M.
#9
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About GM or Ford being better buys - I think Ford is a better bet - it's loss per share isn't that large, but GM's is GIGANTIC. I still think there's a good chance GM will file for bankruptcy.
Ford's market cap is less than $13 billion which is really tiny when you think about their global reach, brands, etc.
Ford's market cap is less than $13 billion which is really tiny when you think about their global reach, brands, etc.
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Originally Posted by bitkahuna
About GM or Ford being better buys - I think Ford is a better bet - it's loss per share isn't that large, but GM's is GIGANTIC. I still think there's a good chance GM will file for bankruptcy.
Ford's market cap is less than $13 billion which is really tiny when you think about their global reach, brands, etc.
Ford's market cap is less than $13 billion which is really tiny when you think about their global reach, brands, etc.
Originally Posted by videcormeum
he efficient market hypothesis (which LexMex alluded to) indicates expectations for near-future earnings have been considered and factored in the valuation
I work at a hedge fund so I'm not a huge fan of EMH.
#11
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Originally Posted by diablo1
Well... You could have said the same thing when GOOG was at 200. Or AAPL at 40.
Analyst downgrades are a great chance to get a good company at a slight discount.
Analyst downgrades are a great chance to get a good company at a slight discount.
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Originally Posted by Lexmex
Toyota is so large that the returns aren't so great as when they were a younger company. A tech company closer to Toyota in terms of stock would be Microsoft.
Thanks for all the feedback guys. It's cool to hear the other side of the story, and what the arguments are against buying Toyota stock.
#13
Super Moderator
Originally Posted by diablo1
When AAPL went on its run from 10 to 70, it had already been a publicly traded company for 19 years. Haliburton has been publicly traded since 1982 and recently went on a run from 20 to 70. I don't think you can really say that the age of a company has much to do with expected returns.
Thanks for all the feedback guys. It's cool to hear the other side of the story, and what the arguments are against buying Toyota stock.
Thanks for all the feedback guys. It's cool to hear the other side of the story, and what the arguments are against buying Toyota stock.
I think what I am trying to say is that Microsoft has continued to grow since it started and its bumps aren't nearly as bad as say an Apple in the fact it continues to dominate the market. Yet, it isn't the growth stock it one was, more of a long-term deal as it really dominates and doesn't have the same level of growth as it once had.
Toyota is one great company and I have seen a similar type of growth pattern. Now, should Toyota come to dominate one day like a Microsoft, my concern is diminishing returns or can they be expected to grow and how much have the institutional investors figured this out.
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Originally Posted by Lexmex
Apple had its problems, too.
I think what I am trying to say is that Microsoft has continued to grow since it started and its bumps aren't nearly as bad as say an Apple in the fact it continues to dominate the market. Yet, it isn't the growth stock it one was, more of a long-term deal as it really dominates and doesn't have the same level of growth as it once had.
Toyota is one great company and I have seen a similar type of growth pattern. Now, should Toyota come to dominate one day like a Microsoft, my concern is diminishing returns or can they be expected to grow and how much have the institutional investors figured this out.
I think what I am trying to say is that Microsoft has continued to grow since it started and its bumps aren't nearly as bad as say an Apple in the fact it continues to dominate the market. Yet, it isn't the growth stock it one was, more of a long-term deal as it really dominates and doesn't have the same level of growth as it once had.
Toyota is one great company and I have seen a similar type of growth pattern. Now, should Toyota come to dominate one day like a Microsoft, my concern is diminishing returns or can they be expected to grow and how much have the institutional investors figured this out.
It's a mature company and not a growth company or a startup. But I think the stock still has a ways to go on the upside. Anyway, thanks for your opinions. Happy investing everyone.
#15
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Originally Posted by diablo1
I'm not sure I understand your reasoning here. Toyota is not a market dominator in the sense of Microsoft or other near-monopolies. So, you are worried that Toyota will eventually become so dominant that they won't have room to grow? If they were already in that position, I can see being worried about growth, but since they are nowhere near that now, shouldn't it actually be a good thing that they are on their way to domination?
It's a mature company and not a growth company or a startup. But I think the stock still has a ways to go on the upside. Anyway, thanks for your opinions. Happy investing everyone.
It's a mature company and not a growth company or a startup. But I think the stock still has a ways to go on the upside. Anyway, thanks for your opinions. Happy investing everyone.
All the best for Toyota.