Hondodog,I don't know about which countries produce how much of HMC's revenue (although I should if I'm going to be a Fool), but I do appreciate your question as to why I bought. I think it would be a great question to ask everyone on a board because we could learn a lot about each other.I bought HMC late last December and again early in January at about 38 and 39. I'm not sure the reasons were particularly sound, but this is the best I can recollect. My portfolio was primarily energy and technology, and I thought I should balance with some hard goods. Autos and auto mileage was heavy in the news, so my mind went to leaders in fuel efficiency and to manufacturers in emerging markets. I looked at TM, TTM, and HMC. I rejected TTM because India's roads can't hold a lot more cars at the moment even though there is great demand. I don't remember why I chose Honda over Toyota--perhaps that there is a dividend, but I don't usually give much consideration to that. I don't know. They both seemed solid; they both have great engineering (I drive a Toyota); and they are both expanding into world markets.In general when looking for a new stock, I find a sector which has been appreciating substantially in the past 3 months, then look at stocks in that sector which have appreciated significantly more than the sector average, then consider the quality or utility of the product line. At that point I wing it.Nice to meet you.
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