Honda Motor CoNYSE: HMC

SALINAS, Calif.--(BUSINESS WIRE)-- #dgdg--Cancer survivor receives car from Salinas Honda, $52,000 raised for American Cancer Society Relay For Life of Salinas Valley.

Honda is committed to an all-electric fleet by 2040, focusing on North American production and innovative manufacturing processes like megacasting. Despite ending a low-cost EV partnership with GM, Honda continues investing heavily in electrification, aiming for 100% EV and FCEV sales by 2040. Honda's stock is undervalued with a P/E ratio lower than Toyota's, making it a solid choice for long-term investors in a diversified portfolio.

Honda is recalling over 720,800 vehicles in the U.S. as a high pressure fuel pump may crack and leak fuel, the U.S. National Highway Traffic Safety Administration said on Tuesday.

A fuel leak in the presence of an ignition source could increase the risk of a fire, the automaker said.

These three high-yield dividend stocks offer attractive valuations and potential for long-term income growth.

Honda is recalling about 1.7 million vehicles in the U.S. as difficulty in steering can increase the risk of a crash, the National Highway Traffic Safety Administration said on Wednesday.

Honda Motor Co. is trading at a significant discount with a price/book value of 0.63 and a P/E ratio of 6.80. Despite industry changes, Honda's strong earnings growth and low valuation metrics make it a compelling value investment. Dividends are attractive but inconsistent, with a yield over 4%, dependent on continued strong earnings and potential capital reallocation to electric vehicles.

Honda stock's price is right with an exceptionally low valuation. The company's future looks bright, especially with its hybrid and electric vehicle strategy.

Given Honda's (HMC) appealing valuation, strong hybrid lineup, ambitious electrification plans and a commitment to enhancing shareholder value, we remain bullish on the stock.