Zacks
0
All posts from Zacks
Zacks in Our Research. Your Success.,

The Zacks Analyst Blog Highlights: General Motors, Ford Motor, Honda Motor, Advance Auto Parts and Toyota Motor

For Immediate Release

Chicago, IL – June 30, 2017 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include General Motors Company (NYSE: GM Free Report ), Ford Motor Company (NYSE: F Free Report ), Honda Motor Company Ltd. (NYSE: HMC Free Report ), Advance Auto Parts, Inc. (NYSE: AAP Free Report ) and Toyota Motor Corporation (NYSE: TM Free Report ).

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free .

Here are highlights from Thursday’s Analyst Blog:

Auto Stock Roundup: Ford Invests $900M, GM to Settle Lawsuit, Honda & Toyota New Models in Focus

The year 2016 set a record in terms of sales of new vehicles in the U.S. However, the joy-ride is not likely to continue in 2017 as reports of glut in nearly new used vehicles have started to pour in.

Auto behemoth General Motors Company (NYSE: GM Free Report ) lowered the outlook for new vehicle sales in the U.S. in 2017. This is an indication that the industry is headed for a moderate downturn in 2017. A glut in nearly new used vehicles is expected to undermine sales this year. This has already started affecting the top line of many automakers.

This market reality has prompted many automakers to take a disciplined stance. Some of them are mulling over cutting production fleet.

(Read: Auto Stock Roundup for the week ending Jun 22, 2017 )

Recap of the Week’s Most Important Stories

1. Ford Motor Company (NYSE: F Free Report ) has announced an investment of $900 million for the upgrade of the Louisville, KE truck plant. The plant will be revamped to manufacture Ford’s all-new Expedition and Lincoln Navigator models, scheduled to reach dealers by the end of this fall (read more: Ford to Pump $900 Million Into Kentucky Plant Upgrade ).

Ford carries a Zacks Rank #3 (Hold). You can see https://www.zacks.com/registration/premium/login/?continue_t..."> the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here .

2. Per a Reuters report, General Motors has agreed to settle lawsuits moved by 203 plaintiffs pertaining to defective ignition switches in vehicles. In fact, the auto behemoth has been facing several federal lawsuits over defective ignition switches that could cause engines to halt and thwart airbags from deploying in the event of crashes (read more: General Motors to Settle Lawsuits Over Ignition Switches ).

General Motors carries a Zacks Rank #3.

3. Honda Motor Company Ltd. (NYSE: HMC Free Report ) recently released a concept sketch, highlighting the stance and proportion of the new 2018 Honda Accord. This is the 10th generation of America’s sales leader in midsize sedan segment (read more: Honda's 10th Generation Accord Sedan Debuts on July 14 ).

Honda Motor Company carries a Zacks Rank #3.

4. Advance Auto Parts, Inc. (NYSE: AAP Free Report ) is reportedly laying off at the management-level across the company. Structural changes in supply chain and corporate support led to these eliminations. Per the news, this has affected 475 employees in corporate, supply chain and field-based management roles. No store-level associate or management positions were affected.

5. In a recent development, Toyota Motor Corporation (NYSE:TM Free Report ) announced that it will launch the production of 2018 Camry, production of which is going on at Toyota Motor Manufacturing, Kentucky, Inc., in Georgetown. The new cutting-edge model includes a thrilling design, elegant interior, exciting driving performance, advanced safety and technology, and great fuel efficiency.

Performance

Most auto stocks declined last week, with the exceptions of General Motors and Ford.

What’s Next in the Auto Space?

In the first week of July, automakers are expected to report their U.S. sales data for June and first-half 2017.

Today's Stocks from Zacks' Hottest Strategies

It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively.

And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation. See Them Free>>

Today's Stocks from Zacks' Hottest Strategies

It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively.

And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation. See Them Free>>

Strong Stocks that Should Be in the News

Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year. See these high-potential stocks free >>.

Get the full Report on GM - FREE

Get the full Report on F - FREE

Get the full Report on HMC - FREE

Get the full Report on AAP - FREE

Get the full Report on TM - FREE

Follow us on Twitter:

Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Re...

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

Media Contact

Zacks Investment Research

800-767-3771 ext. 9339

support@zacks.com

https://www.zacks.com/

Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
General Motors Company (GM): Free Stock Analysis Report
 
Ford Motor Company (F): Free Stock Analysis Report
 
Honda Motor Company, Ltd. (HMC): Free Stock Analysis Report
 
Advance Auto Parts Inc (AAP): Free Stock Analysis Report
 
Toyota Motor Corp Ltd Ord (TM): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research