The stocks for Nissan just dropped and I'm thinking it's a good time to buy

I guess I'm trying to decide if I'm going in for long term or short term and wanted to get the general feeling of everyone.

Is Nissan looking good for this year? The new GTR, Altima Coupe, New G35 Coupe, new Sentra (Finally a decent looking compact sedan), Possible Hybrid?

Thanks!

 

Oh.. this is their stock price

http://finance.google.com/finance?q=nsany&hl=en

 

Maybe you should talk to your broker.

 

It dropped but not at it's all time low, 19.66 which was back in July 06'.

Nissan coporate VP said "We went for 15 months without any new Nissan-brand models and 18 months without any new Infiniti-brand models in the U.S." which is the main reasoning for Nissan's 23% drop in their quarterly earnings.

IMO...I'd wait it out a little more. If you buy it now, you'll have it hold on to it until the Altima coupe is released probably in October 2007. The new GTR won't do much for sales due to it's projected retail price to the consumer.

 

think they should do well over next few years because of key new vehicles comming out soon and their CEO seems to be doing a fine job staying with their "shift_" company slogan. I would buy if I had money for more stocks but Im with the airline guys right now (where you should be)

 

I don't know. I think Nissan has all but worn out the "design" aspect of market share. Now, they have to work on quality control to be able to take some market share from Honda & Toyota. Design only takes you so far.

 

lol 1+

Not sure if I would take advice for stocks on G35driver.com

.

 

all i'll say is, it wont be a short term investment.

 

The first three will have a negligible impact on earnings. Volumes are small for coupes. Larger impact could come from the new Altima and G35 sedans, and if the revisions to the SUVs and pickups help sales. The Rogue is coming, but that's a crowded segment and Nissan is late to it.

Overall, Nissan will be doing good to get back to its position a year ago. I don't see a big upside coming. Think about where they were relative to the competition back in 2003, 2004. At this point, even the revised products don't have the advantages the cars did just a few years ago, before everyone had better styling and strong 3.5-liter V6s.

 

A site like this is probably not the best source of financial advise. What are you going to do, sue us if we say yes, invest, and it goes down?

Now, if a significant number of long time members say they would never buy the new models, it might be a sign to sell.

 

nissan/infiniti is t3h d00mmmm3dd!!!

 

Think the stock will drop more. I would wait.

 

It's interesting the amount of volatility with this stock despite a low beta. The high and low represent over a 40% variation. Even now its up about 18% from the summer low so not bad if you timed it right.

The delay in releasing new product compared to the competition has cost Nissan market share, impacting earnings and the share price. I believe 7 of the planned 10 new vehicles have now been released for sale which should begin some improvements in revenues. I really didn't study the company financials or press releases etc to comment further.

Speak to your broker or dig further yourself if you're looking at this one.

 

i know i haven't touched any automotive stocks but i love playing those pharmaceutical and tech stocks. amazon has been good to me on long term and so has a local company pall corporation

 

Thanks for the fundamental Rbull. My thought on this stock is that it's a possible play. If the stock drop to 22.72 (previous low) and breaks the previous low then it might go down. However if it hits 22.72 and hooks back up then you have a good play. Sometime, the stock will hit little below 22.72 then hook or it might do it at 22.80. Be interesting to keep an eye on it.