NSANY - Nissan: It's All About Electrification And China (Rating Upgrade)
2024-03-21 12:09:22 ET
Summary
- Nissan targets to achieve an electrification mix of 55% by the end of this decade, and partnerships and investments might act as potential accelerators of the company's electrification plans.
- Nissan Motor's latest monthly sales numbers suggest that the company's new strategy for the China market is working well.
- Electrification and China are the key share price drivers for Nissan Motor in my opinion; recent developments suggest that the stock has the potential to trade at higher valuations.
Elevator Pitch
I rate Nissan Motor Co., Ltd. ( NSANY ) [7201:JP] stock as a Buy.
Previously, I touched on Nissan Motor's financial outlook and shareholder capital return in my December 21, 2023 write-up . My latest update details NSANY's recent news flow and developments which have positive read-throughs for the company's future share price and financial performance....
Nissan: It's All About Electrification And China (Rating Upgrade)