Is This Hot Automaker a Buy Now?

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The following video is part of our "Motley Fool Conversations" series, in which industrials editor and analyst Brendan Byrnes and consumer goods editor and analyst Austin Smith discuss topics around the investing world.

In today's edition, Brendan and Austin discuss Toyota and its recent earnings. Brendan was impressed with the automaker's improving margins and volumes, as well as its forecast for fiscal year 2013. Toyota is expected to double its net profit next year as it recovers to near full strength after the Japanese earthquake and tsunami and the Thai floods last year. Still, the strength of the yen weighs on Toyota, which is more sensitive to a stronger yen than fellow Japanese automakers Nissan and Honda.

Toyota looks like a strong bet for the future, but it's a bit expensive and Brendan thinks there are better opportunities in the market today. One of these better opportunities is a stock with so much promise that we've dubbed it "The Motley Fool's Top Stock for 2012." The report highlights a soon-to-be rock star that's revolutionizing commerce in Latin America, and you can get instant access to the name of this company by clicking here to download it now.

At the time this article was published Austin Smithhas no positions in the stocks mentioned above.Brendan Byrnesand The Motley Fool own shares of Ford.Motley Fool newsletter services recommendFord, General Motors, and Tesla Motors. Try any of our Foolish newsletter servicesfree for 30 days. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.

Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

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