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Goldman Sachs' Top Asian Stock Picks Include Mahindra & Honda
Goldman Sachs includes Mahindra & Mahindra and Honda Motor in its refreshed list of top Asian stock picks due to their strong growth potential in the automotive sector.
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United States
InvestmentInternational TradeIndo PacificMarket AnalysisStocksAsiaAutomotive
Goldman SachsMahindra & MahindraHonda MotorNational Stock ExchangeBombay Stock Exchange
Chandramouli MuthiahKota YuzawaMichael Bloom
- What is the recent performance of Mahindra & Mahindra and Honda Motor's stocks?
- Mahindra & Mahindra's stock is up nearly 70% year-to-date, while Honda's shares are up nearly 4% year-to-date, though Honda has declined in the past 6 months.
- What are the key factors supporting Goldman Sachs's positive view on Honda Motor?
- For Honda, Goldman cited its ability to maintain profit margins while investing in electrification and the growth of its motorcycle business.
- What are the key reasons for Goldman Sachs's bullish outlook on Mahindra & Mahindra?
- Goldman Sachs analysts highlighted Mahindra's transition to a lifestyle SUV brand, strong order backlog, and upcoming EV launches as key growth drivers.
- Why did Goldman Sachs add Mahindra & Mahindra and Honda Motor to its top Asia stock picks?
- Goldman Sachs added Mahindra & Mahindra and Honda Motor to its Asia stock picks due to their strong potential in the SUV and EV markets.
- What is Goldman Sachs's Conviction List - Director's Cut, and how are stocks selected for it?
- Goldman Sachs's Conviction List - Director's Cut is a curated list of buy-rated stocks offering a combination of conviction, differentiated view, and high risk-adjusted returns.