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Honda - HMC - is it time to get in?

Posted on 12/22/14 at 7:37 am
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7133 posts
Posted on 12/22/14 at 7:37 am
Near a 52 week low, pretty good history of ups and downs, what does the MT think?

Morningstar page
Posted by GenesChin
The Promise Land
Member since Feb 2012
37706 posts
Posted on 12/22/14 at 8:17 am to
Exposing yourself to a ton of currency risk and sagging oil prices aren't good for the type of cars they sell i.e. light vehicles.

Posted by Mr.Perfect
Louisiana
Member since Mar 2013
17438 posts
Posted on 12/22/14 at 9:45 am to
quote:

sagging oil prices aren't good for the type of cars they sell i.e. light vehicles.


Why do you say that? The hummer ain't making a comeback because of lower prices. People will always want high mpg and now they get even more benefits from light vehicles
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7133 posts
Posted on 12/22/14 at 9:48 am to
quote:

People will always want high mpg and now they get even more benefits from light vehicles


that was my thought.

combine that with a strong dollar and you might see more Hondas on the road

**Disclaimer - I own a Honda Pilot
Posted by Coach Guidry
Member since Nov 2007
2333 posts
Posted on 12/22/14 at 10:27 am to
I deal Honda, and the gas prices are hurting us (as of right now). But, its not the actual price hurting us...its the number of people not going to work and have put car deals on hold.

Posted by iknowmorethanyou
Paydirt
Member since Jul 2007
6547 posts
Posted on 12/22/14 at 10:30 am to
quote:

GenesChin


Quick hijack...did you get in on any of the insurance/financial services stocks we talked about?
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7133 posts
Posted on 12/22/14 at 10:30 am to
quote:

...its the number of people not going to work and have put car deals on hold.


yea, but that's a Louisiana problem, not a national problem
Posted by Coach Guidry
Member since Nov 2007
2333 posts
Posted on 12/22/14 at 12:56 pm to
quote:

yea, but that's a Louisiana problem, not a national problem


Correct. I was trying to make that point but didnt finish my thought I guess.
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