Japan’s third-largest automaker was among the most active names on the Nasdaq Tuesday.

Sell - Price 17.83 on June 18
by Zacks Research

Increasing prices of energy and raw material, including steel, aluminum and precious metal, are eroding profits for Nissan. Moreover, the company is offering higher incentives such as discounts to entice buyers. This is making it difficult for Nissan to pass on the rising raw material and energy prices to the ultimate consumers. Also, there are concerns about the new-product launch costs that the company plans in fiscal 2008. Further, the overall automotive-industry environment is a challenging one, with volumes going down. The company anticipates a 29.5% drop in earnings for fiscal 2008. Six-month target: 15. Market cap: $36.4 billion.

a P/E of 9.5 and pays a yield of 3.98%.

Nissan Motor Co.

Ad was for some plush forgettable SUV or crossover car like the Murano.

Sorry!

Much better than expected June auto sales

NISSAN MTR SPON AD (NSANY)

cheap auto maker

risk---jap. play nisson motors

Toyota is hot, but Honda and Nissan looked good too. Japan play.

Good vehicles, horrendous customer service

Having trouble competing with Toyota!

3rd lowest Sagal rating.