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Honda Motor Co Ltd (HMC) Ready to Breakout?

Zacks Equity Research

 Are you a technical investor? If so, it may be time to consider Honda Motor Co Ltd (HMC) for your portfolio. The company just saw its 50 Day Moving Average breakout above its 200 Day Simple moving average, a trend that could indicate some bullishness in the future for HMC.

This trend may have already begun, as shares of ROIC have moved by higher by 5.2% in just the past month. Plus, HMC has earned itself a Zacks Rank #2 (Buy), so there is plenty of reason to believe that the run for Honda Motor Co Ltd has plenty of life left.

HONDA MOTOR CO LTD (HMC): Free Stock Analysis Report

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