Amy Winehouse Andy Dick Angelina Jolie Anna Nicole Smith AOL Apple Architecture Art Ashlee Simpson Ashley Greene Auto Cars Avril Lavigne Ayu Oktasari Bai Ling Bank of America Barack Obama Beauty and Style Beauty-Style Bernanke Beyonce Bing Bobby Brown Brad Pitt Britney Spears Brittany Murphy Brooke Hogan Business Ideas Business News Calum Best Car News Car Photos Car Reviews Car Videos Carmen Electra Carrie Prejean Casey Johnson Celebrity Celebrity Nails Cheryl Cole China Chopper Lane Splitter Chris Rowe Christina Aguilera Christina Hendricks Cindy Crawford Clinton Clip COMEDY Coming Soon Comment faire un Avion en papier Companies Courtney Love Credit Cards Dalene Kurtis Daniel Baldwin Daniel Mica David Beckham David Hasselhoff Deborah Caprioglio DietFitness Drawing & Coloring Earthquake Economy Eirik Solheim Entertainment Eva Mendes Facebook Facebook-Games Farmville Fastion Forex Funny Game Game Info Game News General Motors Gold Golden Globes Haiti Halle Berry Heather Mills Heidi Fleiss Holly Madison Hot Girls Hot News Hot Women How To How to Make How To Read A Forex Chart HOW TOs Insurance International Investing Ipad Iphone Isaiah Washington Jamie Lynn Spears Jenna Jameson Jennifer Hawkins Jennifer Hudson Jesse Metcalfe Jessica Sierra Jessica Simpson Jobs Jocelyn Wildenstein Joe Weisenthal Jonathan Rhys Meyers Kat Dennings Kate Moss Kate Winslet Katie Price Katie Rees Katy Perry Keeley Hazell Keith Richards Kelly Brook Kelly Clarkson Kendra Wilkinson Kiefer Sutherland Kim Kardashian Kirsten Duns Kiss Style KT Tunstall Laetitia Casta Lauryn Hill Leah Marville Leona Lewis Leonardo DiCaprio lesbian Lesbian-Questions Lil Kim Lily Allen Lindsay Lohan Liz Pulliam Weston Loan Centre Louis Navellier Lynda Carter Make Money Mariah Carey Marisa Miller Mary Kate Olsen Mayim Bialik Megan Fox Mel Gibson Michael Jackson Michael Vick Michelle Obama Michelle Rodriguez Miley Cyrus Mischa Barton Miss World Mobile and Internet Molly Sims Movie Info Movies Mutual Funds Nadia Fazlini Sharip Nail Art Tutorial Nail Samples Nails Naomi Campbell News Nicolas Cage Nicole Polizzi Nicole Richie O.J. Simpson Oirigami Useful Origami Origami Airplane Origami Animal Origami Animal Easy Origami Animal's Face Origami Boat Origami Box Origami Flowers Origami Useful Osama Bin Laden Owen Wilson Pamela Anderson Paper Airplane Paris Hilton Paula Abdul Paula Sladewski Personal Finance Pete Doherty Pete Wentz Play Game Online Police Porsche Quotes about Life Rachel Zoe Real Estate Rihanna Roseanne Bar Sara Barelles Scandal Sean Young Sexual Health Shakira Shannon Elizabeth Sharon Stone Shocking Sienna Miller Star Stocks Strange Story Stupid Celebries Susan Boyle Taiwan Tamil Tiger Tara Reid Teens Tiger Woods Tila Tequila Today's Big story Tom Cruise Tom Sizemore Top Game Top Video Toyota Trading Trailers Travel Twilight Vanessa Hudgens Victoria Beckham Video Women Women-Family Women-Health Women'sHeath World Trade Center

Gear Up for Big Profits in These Auto Stocks

5:12 AM
Gear Up for Big Profits in These Auto Stocks
Now that GM and Chrysler are bankrupt and hemorrhaging sales, a select group of auto stocks will step into the void to gain market share and see huge growth in 2010.

The December sales figures released on Tuesday showed the best month for automakers since the August boom caused by "Cash for Clunkers." This is extremely significant since it shows that pent-up demand is catching up with consumers and that the worst may be over for auto stocks that weathered the downturn successfully.

Here are my top auto stocks to buy now.

Auto Stock #1 - Honda Motor Co. (HMC)

Honda (HMC) is Japan's second-largest automaker (after Toyota) and the world's largest motorcycle manufacturer. Honda's name is synonymous with fuel efficiency and products include the Civic, Element and other iconic vehicles — but also top-notch motorcycles, ATVs and even lawn mowers. This diversification allowed Honda to stay profitable even as vehicle sales slumped in early 2009, and is supercharging returns now that sales are picking up. The latest numbers show Honda sales topping forecasts and growing significantly worldwide — including a stunning 97% jump in Japanese sales over last year!

See Louis Navellier's FREE Portfolio Grader stock report on HMC.

Auto Stock #2 - Thor Industries (THO)

Not your typical vehicle maker, Thor (THO) specializes in small and mid-sized buses. Its key customers are local governments, but also include rental car companies and hotels that have their own private transportation needs. As the recession has taken hold, many municipalities and businesses are seeing less revenue and are opting to delay the purchase of bigger buses in favor for Thor's smaller and more affordable coaches. The company has grown its profits considerably in each of the past three quarters, and I expect another strong showing when THO releases Q4 numbers in the coming weeks.

See Louis Navellier's FREE Portfolio Grader stock report on THO.

Auto Stock #3 - Kandi Technologies (KNDI)

Another unconventional auto stock, China's Kandi Technologies (KNDI) is a small company that designs and manufactures all-terrain vehicles, motorcycles and scooters. The company does the majority of its business in Asian urban centers, where motorcycles and scooters are staples since they are more affordable to consumers with lower income and provide greater mobility and fuel efficiency than cars. This stock has explosive potential, with shares more than tripling since October. However, it's a microcap stock that is thinly traded, so please use a limit order when you buy to prevent from overpaying for shares.

See Louis Navellier's FREE Portfolio Grader stock report on KNDI.

Auto Stock #4 - Ford Motor Co. (F)

Back in March, shares of Ford Motor Co. (F) bottomed out at around $1.50 per share, but Ford has not only struggled back to profitability recently but has managed to show an impressive rate of growth that could put it in a position for huge gains in 2010.

The third quarter marked Ford's first quarterly profit since the beginning of 2008, and the company has consistently blown away Wall Street's pessimistic forecasts for each of the last three quarters. The naysayers may be saying that consumer spending remains relatively weak, and that Ford shares will continue to suffer, but don't believe it. The December auto sales released on Tuesday show continued growth for Ford as it eats into the market share of its competitors. Ford reported an increase of 32% in its sales for December compared to last year, while GM and Chrysler saw significant drops. What's more, auto sales in general are growing. Yesterday's final figure of about 1 million vehicles sold in December marks the second-best month of 2009 after August, showing that the industry is looking up for the New Year.

In a nutshell, Ford is raking in a bigger percentage of sales even as total vehicle sales are growing. The icing on the cake is that Ford will report its fourth-quarter earnings at the end of January, and I expect another strong showing. My analysis indicates that a number of Wall Street experts have revised their estimates for the company higher, which typically indicates a stock is going to top forecasts.

See Louis Navellier's FREE Portfolio Grader stock report on Ford.

Post a Comment

[facebook][blogger]

Author Name

Xin chào mọi người

Contact Form

Name

Email *

Message *

Powered by Blogger.