Marc Fortier, yes nice turnaround in Nissan. Seems to be throughout the product line(s). Consolidated engines, platforms, etc. for cost savings. Product design is strong (Altima, Z car, truck). I'll guess at current p/e, that's all built into the price though.
On one level level, I have a problem with all the car manufacturer stocks - I've looked at them at lower levels and didn't bite, and now at higher prices I am considering buying? It's a barrier for me. For NSANY it's exacerbated because it's one I bought, it rose, and I concluded it was a sale at $11, which is less than half of it's now $23.22 price. There's no shortage of cars or car companies, so it's hard for me to see NSANY as a great bargain at $23.+ , and that view is colored by my sale. |
