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02-17-2006, 07:46 PM | #1 | |
Scooby Guru
Member#: 5126
Join Date: Mar 2001
Location: www.nugateway.com
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Toyota worth more then Wal-Mart
Toyota worth more then Wal-Mart
Toyota market cap passes Wal-Mart as shares rise http://today.reuters.com/business/ne...-SHARES-DC.XML Quote:
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02-20-2006, 04:53 PM | #2 | |
Scooby Specialist
Member#: 49624
Join Date: Dec 2003
Location: CA
Vehicle:04 AW WRX 13 SWP STi |
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Not saying that this isn't a truthful statement... but that's quite a claim. I am well aware of the GM and Ford's declining battle to revive the companies... but this is just... wow. |
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02-20-2006, 07:03 PM | #3 |
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. |
02-24-2006, 04:53 PM | #4 | |
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Member#: 1209
Join Date: Apr 2000
Location: Wheaton, MD
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02-24-2006, 05:29 PM | #5 | |
Scooby Guru
Member#: 14611
Join Date: Jan 2002
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Actually NIssan, I did buy. |
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02-24-2006, 04:57 PM | #6 |
Scooby Guru
Member#: 9960
Join Date: Sep 2001
Location: in bed...
Vehicle:2002 Impreza WRX WRBlue Perl |
I guess now might be a good time to buy into Mitsubishi huh?
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