Honda stock. (HMC) 2008 Accord?

Question

do you think it will go up? down? stay the same? ( where do you see it by the end of the year?) what are some good expectations you guys have on a stock that will make money this year?

thank you for your responses

Answer 1

Any major product release helps an automaker's bottom line. The Accord has always been a best seller- so stay with HMC. But I personally like GM better (yes, they are beaten down, but still sell more cars than anyone else). But I'm not going to tell you to sell HMC because it will almost surely go up. My pick is also a little riskier. So yes, stay with HMC as the new '08 Accord will boost the stocks profit margin and sales. By the way, I'm thinking about buying a new Accord as it looks darn awesome and surely will be reliable as Hondas always are!