More International Growth for This Automaker
This video is part of our "Motley Fool Conversations" series, in which industrials editor/analyst Brendan Byrnes discusses topics across the investing world.
In today's edition, Brendan discusses Honda and its plan to build a new production facility in Thailand. We've seen many automakers, including Ford and Toyota, increasing their presence in Thailand. The main reason is the country's network of suppliers, and its proximity to China and other fast-growing Asian markets. Honda and Toyota also get the added benefit of shifting more production outside of Japan, where the strength of the yen hurts profits for cars made in the country and sold abroad. Brendan talks about what this move means specifically for Honda, and goes in-depth on the best buys in the entire industry.
Automakers are constantly scouring the globe for opportunities in emerging markets, but they're not the only ones. There are three companies whose international growth stories we're particularly bullish on. If the trend continues, investors could be looking at internationally fueled new stock highs. Uncover them in our special free report: "3 American Companies Set to Dominate the World." The report won't be available forever, so we invite you to enjoy a free copy today. You can access it by clicking here. Enjoy, and Fool on!
At the time this article was published Brendan Byrnes owns shares of Ford. The Motley Fool owns shares of Ford.Motley Fool newsletter services recommendFord and General Motors. Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.
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