Toyota Stock

The Japanese auto giant Toyota Motor Corp (ADR) (NYSE:TM) looks ahead to another year of record-earnings. Toyota gained 4.7% in quarterly net income, hitting 628 billion yen (US$5.4 billion). Revenue rose 2.4% to 7.4 trillion yen (US$62.9 billion) for the quarter. (Source: “Toyota quarterly net rises 4.7% to…

Companies like Tesla Motors, Inc. (NASDAQ:TSLA) and Alphabet Inc. (NASDAQ:GOOG) are betting big on driverless cars. Toyota Motor Corporation (ADR)(NYSE:TM), however, is taking a more cautious approach, which could mean big gains for owners of TM stock. Toyota stockholders can rest at night knowing the company has accumulated…