Company Of The Day: Honda

-4.95%
Downside
34.14
Market
32.45
Trefis
HMC: Honda Motor logo
HMC
Honda Motor

What?

Honda (NYSE:HMC) and General Motors (NYSE:GM) will work together to develop affordable electric vehicles based on a new global platform. The first vehicles are likely to roll out in 2027, with prices likely to start at below $30,000.

So What?

Relevant Articles
  1. Growth Of Chinese EV Players A Looming Threat For Honda Stock?
  2. What’s Happening With Honda Stock?
  3. Honda Stock Looks Like A Buy Following Strong Q3 Results
  4. Is Honda Stock A Buy As Motorcycle Business Shines?
  5. Is Honda Stock A Buy At $27?
  6. Forecast Of The Day: Average Price of Honda Vehicles

The partnership will enable the two companies to share technology, design, and manufacturing know-how as they look to address fast-growing EV demand.

See Our Complete Analysis For Honda

What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market consistently since the end of 2016.

Returns Apr 2022
MTD [1]
2022
YTD [1]
2017-22
Total [2]
 HMC Return -3% -4% -6%
 S&P 500 Return 0% -5% 102%
 Trefis MS Portfolio Return 1% -7% 266%

[1] Month-to-date and year-to-date as of 4/6/2022
[2] Cumulative total returns since the end of 2016

Invest with Trefis Market Beating Portfolios

See all Trefis Price Estimates