Key insights
- The author discusses Honda's potential investment opportunity due to EV restructuring costs leading to potential losses. While the author sees it as a discounted buy based on brand strength and sales, they acknowledge their limited financial expertise and seek further insights. The negative influence on US equities is slight, reflecting potential weakness in global auto sector.
the big kicker is they're getting hit with large EV restructuring costs which is going to lead to them having their first loss in 40 years.
P/E ratio is 10.2, dividend around 6%
i like it because it's a brand name that os well respected, they have no issues getting sales and keeping customers, so i sre this as a stock that is going to bounce back, buying a great company at a discount.
but I'm not an expert when it comes to financial stats, so maybe there's more to this that one of you experts can reveal.
what do you guys think? good company to buy at a discount? or is there a reason to stay away?