Better Buy: Toyota Motor vs. Volkswagen AG
Auto stocks are a tough sell when concerns about the economy are rising, as they are now. Most investors know that auto sales are cyclical, rising and falling with consumer confidence -- and automakers' profits and stock prices tend to follow sales cycles.
That said, most investors also know that sometimes we can find good value by looking closely at sectors that are out of favor, as autos are now. Below, we'll take a close look at two global giants, Toyota (NYSE: TM) and Volkswagen (OTC: VWAGY), to see if either looks like a good value right now.
Most auto stocks, including Toyota and Volkswagen, had a rough time in the fourth quarter of 2018. Both have recovered somewhat since the beginning of 2019. But while Volkswagen's share price has had a bumpy ride, Toyota's followed a smoother upward course, at least until recently:
Source Fool.com
