Company Of The Day: Toyota
What?
Toyota (NYSE:TM) unveiled its new home battery storage system which will go on sale in Japan in August. The system can store energy from solar panels and act as a backup power source during power outages.
So What?
- With EV Plans Taking Shape, What’s Next For Toyota Stock?
- Toyota Stock Looks Like A Buy Despite Tepid Guidance
- Why Toyota Stock Looks Like A Buy Despite Mixed Earnings
- With Delivery Issues Likely To Ease, Should You Buy Toyota Stock?
- Forecast Of The Day: Average Revenue Per Toyota Vehicle
- Forecast of The Day: Toyota’s Average Revenue Per Vehicle Sold
Although we don’t expect the product to move the needle for the company’s revenue in the near term, it does indicate that Toyota is getting more serious about battery development, which is key to its transition to electric vehicles.
See Our Complete Analysis For Toyota
What if you’re looking for a more balanced portfolio instead? Our high-quality portfolio and multi-strategy portfolio have beaten the market consistently since the end of 2016.
| Returns | Jun 2022 MTD [1] |
2022 YTD [1] |
2017-22 Total [2] |
| TM Return | -1% | -11% | 41% |
| S&P 500 Return | -1% | -14% | 84% |
| Trefis Multi-Strategy Portfolio | 1% | -18% | 224% |
[1] Month-to-date and year-to-date as of 6/6/2022
[2] Cumulative total returns since the end of 2016
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