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Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Business

Business & Economics

Honda Motor Co., Ltd. (HMC): Among Cheap Rising Stocks to Buy Right Now

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey
Summary
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79% Informative

Honda Motor Co., Ltd. ( NYSE : HMC ) is a Japan -based company engaged in the manufacturing and distribution of automobiles, motorcycles, power equipment, and other products.

In December last year , the company announced an ambitious plan to double its hybrid car sales to 1.3 million vehicles per annum by 2030 from the levels in 2023 .

Despite recent metrics, Honda is an attractive stock, given its recent returns and a low forward P/E ratio.

Overall, HMC ranks 5th among the 10 Cheap Rising Stocks to Buy Right Now .

There is an AI stock that went up since the beginning of 2025 , while popular AI stocks lost around 25% .

If you are looking for a more promising AI stock, check out our report about this cheapest AI stock.

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