Automotive Stocks
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  1. #1
    Fellow Frogger!
    Join Date
    Apr 2001
    Location
    NJ, USA
    Posts
    143

    Default Automotive Stocks

    If you had $5,000 to invest in an automotive related company listed on an Australia exchange, which 2 companies(preferably Australian) do you think would be a good buy currently?

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  2. #2
    1000+ Posts
    Join Date
    Apr 2002
    Location
    London
    Posts
    1,979

    Default

    There are'nt really very many big ones here.

    Your in America, there are many more interesting stocks there. Your lucky you live in a much bigger market, certainly more oppertunities.

    As carmakers go, Toyota have easily the best margins, but a curious habit of being stingy with their dividends...

    Recall that all the carmakers in Aus are owned by multinationals.

    Tim.

    (Furious he did'nt by shares in Southcorp and AMP when they were both up the creek)

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