holding up

Honda makes a quality product

Honda is trading at its lowest earnings multiple in a decade. The stock looks like a buy, but investors would be wise to wait for signs of an industry revival before scooping it up.

Cramer: Save the Autos, Save Jobs: Jim Cramer weighs in on President-elect Obama's plan to bail out U.S. automakers. The plan will save jobs and stave off a depression, Cramer says.
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Conglomerate involved in automobiles, motorcycles, Jets, Robots, boats & watercraft, ect.

Conglomerate involved in the productions of;

Automobiles
Motorcycles
Honda Jets
Power Equipment
Boats & Watercraft
Engines
Robotics
Soybean Farming

Industry: Automotive

Q: Turning to the overseas car makers, how do things look for Honda [HMC] and Toyota [TM]? Although their stocks have been hit, they've held up better than their U.S. counterparts.

A: Honda and Toyota remain in a very advantageous position. Honda looks particularly good because it has almost no exposure to the traditional light-truck business like Toyota does. And Honda has remained very competitive in existing internal-combustion engine technology and every form of emerging alternative propulsion. Honda has a strong fuel-cell research program, a very strong hybrid program and a very strong electric program. It can even make diesel engines. So whichever way the world goes, this company is positioned to take advantage of that growth. Also, Honda has a global infrastructure and an excellent balance sheet, and it is probably the best-positioned auto company in the world right now.

Good cars. GREAT Future!

From a recent Mad Money show: "Honda's done a lot of good things, but in the end it's still an auto company. I'd rather see you buy this at its 52-week low."

They Just Don't Get GM!: Marek Fuchs skewers Reuters for churning out a summary story and missing a big point about GM's advertising.

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GROWTH