Tata Motors: 2 Ways To Win With This Stock

By Mark Bern, CPA CFA
Tata Motors (TTM) is the largest automaker in India and owns Jaguar/Land Rover (JLR), which it acquired in 2008. It is also the fifth-largest medium and heavy commercial vehicle manufacturer and the second-largest maker of medium and heavy buses in the world. Results for 2011 have been mixed and somewhat disappointing. Earnings fell short of what I had expected and with only one or two analysts following the company the consensus is based upon a very thin sample. This makes it a bit hard to judge what to expect as if even one analyst doesn’t like the company the consensus will be skewed. Likewise the reverse could also be true. So I did a little digging to try to figure out what I thought the prospects of the company might be. One thing that caught my eye was the significant rise in the stock’s priceComplete Story »