Automotive-Toyota

I will not buy toyotas stock. The stock right now is up .52%. The days high is 81.24 and the previous close was at 80.33. The yearly high is 91.97 and the low is 63.00, so it is right now closer to the high that it is to the low. Over the last 12 months, the income growth is +193.10%, meanwhile their sales growth is -21.90%. "Toyota shareholders incensed over a sudden drop in the Japanese automaker's stock price are heading to court with lawsuits claiming company executives deliberately misled investors and the public about the depth of accelerator problems in millions of its vehicles." (http://www.msnbc.msn.com/id/35971650/ns/business/). This is the reason i will not buy the stock. Because there are problems with the accelorator in millions of vehicles less people will buy it and more will probably chose a different brand car, wich will cause the price to drop. also because of the "sudden drop." this means that buying this stock would be very risky, considering it is capable of sudden drops. We are moderate risk takers so this stock would be too risky.

Elvira Huseynalieva