Previous close | 2.1000 |
Open | 2.1000 |
Bid | 0.9500 |
Ask | 2.0000 |
Strike | 290.00 |
Expiry date | 2025-01-17 |
Day's range | 2.1000 - 2.1000 |
Contract range | N/A |
Volume | |
Open interest | 22 |
Toyota (TM) plans to invest $531 million in its truck manufacturing plant in Texas to improve the production of vehicle components.
Based on the average brokerage recommendation (ABR), Toyota Motor (TM) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?
Major automakers are now refocusing their efforts and investments on hybrid and gasoline-powered vehicles with better profit margins, after slowing demand for electric vehicles prompted them to cut financial commitments towards such models. "We are constantly evaluating our competitiveness and making decisions to support the potential for continued investments across our North American operations...," Toyota said in an emailed statement to Reuters. Toyota did not provide additional details on the investment.