Don't Overlook These 3 Japanese Auto Stocks: DNZOY, SZKMY, YAMHF
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 09 2024
0mins
Source: NASDAQ.COM
Japanese Auto Stocks on the Rise: Three Japanese auto manufacturers, Denso Corporation, Suzuki Motor, and Yamaha Motor, have been added to the Zacks Rank #1 (Strong Buy) list due to positive earnings estimate revisions, making them attractive investment options.
Promising Financial Projections: Denso's earnings are expected to increase significantly, with a projected 74% rise in FY25, while Suzuki and Yamaha also anticipate notable EPS growth, indicating these stocks may be undervalued and present a good buying opportunity.
Analyst Views on STRT
About STRT
Strattec Security Corporation designs, develops, manufactures and markets automotive security, access control, and user interface control products and solutions. The Company’s products and solutions include mechanical locks and keys, electronically enhanced locks and keys, passive entry passive start systems (PEPS), steering column and instrument panel ignition lock housings, latches, power sliding side door systems, power tailgate systems, power lift gate systems, power deck lid systems, door handles, steering wheel switches and controller, E-shifters, paddle switches and related products. The Company provides its products primarily to North American automotive customers. The Company is a direct supplier to original equipment manufacturers (OEMs), automotive and light truck manufacturers, as well as other transportation-related manufacturers. Its products are shipped to customer locations in the United States, Canada, Mexico, Europe, South America, Korea, and China.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
