12 Best ADR Stocks To Invest In According to Analysts

4. Toyota Motor Corporation (NYSE:TM)

Upside Potential: 34.44%

Toyota Motor Corporation (NYSE:TM) is one of the world’s largest automotive manufacturers, producing vehicles, including hybrids, electric vehicles (EVs), and traditional internal combustion engine cars. The company also generates income from financing and leasing services. Toyota Motor Corporation’s (NYSE:TM) growth is driven by its leadership in hybrid technology, ongoing investment in EV development, and a strong global presence, especially in emerging markets. The company is also exploring hydrogen fuel cell vehicles and

On November 9, Reuters reported that Toyota Motor Corporation (NYSE:TM) is planning a major overhaul of its operations in China, with a goal of producing at least 2.5 million vehicles per year in the country by 2030. The overhaul of Toyota Motor Corporation’s (NYSE:TM) Chinese operations is also seen as a bid to revamp its product lineup and make it more competitive in the local market.

The company is expected to introduce new models and variants that are specifically designed for Chinese consumers, who are increasingly demanding more advanced safety features, connectivity, and autonomous driving capabilities. Toyota Motor Corporation (NYSE:TM) is also focusing on increasing its investment in electrification and autonomous driving.