Pros and Cons to Buying Honda Motor Co Ltd (HMC) Stock

Honda Motor Co (NYSE: HMC) didn’t start out as a car company, but it’s sure come a long way from the early days, when it sold motorized bikes back in 1946. Company founder Soichiro Honda did so well in the bike business he decided to expand his company, calling it the Honda Motor Co. when it rolled out in 1948. Thirty-four years later, Honda was doing so well it became the first foreign car maker to build a vehicle in the U.S. (the Honda Accord), and has gone to sell cars, trucks, SUVs, motorcycles, ATVs, boats, mountain bikes and even solar powered cells.