What do u think about investing in Honda stock?

Question

Hello,

This is my first time posting here. I was wondering if there are any experts in stock market who can post some opinion on the Honda stock HMC. What do you think of the stock and where do you see it going in the short and long term? Also any opinion on strong stocks that will go up for the holidays or from now til the end of the year?

Thank you...

Answer 1

Welcome to Yahoo Answers! I'm not a "stock expert", but I do follow the market as best I can. HMC is an okay stock, considering its sector. It has a nice low p/e (around 13, I think), so it's currently not overpriced. It even pays a small dividend (around 1.4%), so that's a nice little plus, too. I think in the long run, Honda will do okay. Aside from its more well known motor divisions, Honda is also a finance company. It's well managed and probably has decent upside potential. Short term, well, your guess is as good as mine on that one!

As far as stocks that will go up for the holidays, probably Target and Kohl's would be two strong choices. Retail seems to be doing amazingly well these days-can't quite work my mind around that, for whatever reason. Also, if you're looking for ideas for good value, try looking at some unloved sectors like tech companies.

Good luck!

Answer 2

It really depends on what you want. If you want to make money fast, then HMC is not it. It is a very slow growing, unvolatile stock. And I doubt that businesss will change drastically enough for that to change. However, as a the previous poster mentioned, it's a fair value. And due to being in a leader in the industry regarding technology, as well as having a strong brand name, it may be one of those 'park your money' and wait type of plays. Dividends are good with these types of stocks. There is a way to increase your gains in slow moving stock by using covered calls. I plan to cover that strategy on my blog this weekend. Here is the address. I hope to find time to write that post this afternoon. You'll also find other investment ideas there:

http://gmoolah.blogspot.com/