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Old 02-20-2006, 07:03 PM   #3
Hazdaz
Scooby Guru
 
Member#: 14611
Join Date: Jan 2002
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Wow.

I mean that is just the stock price - and while it is how much the company is essentially worth - doesn't really give the whole picture. Kind of like how Google is worth more than the GDP of most countries - that is only because the stock price is so insanely high.

I do give Toyota major props because this is a case in which the company is worth a ton of money because it actually earned it.

However having said that, I wouldn't touch Toyota's stock - not that it would really go down, but at $100+ I don't see that much growth in it.

I am however looking at GM stock - at $21, I think it is a stock that can earn you a ton of money when they finally get their act back together - ofcourse that might be a few years down the line, but GM will be back eventually.

To this day, I still kick myself for not buying into Chrysler ~15 years ago when they were near bankrupcy. Ofcourse I was still in highschool, but that was still a golden opportunity.
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