Is Volvo a good investment?

Is Volvo a good investment?

So really, AB Volvo is looking great from a number of angles thanks to its PE below 20, a P/S ratio below one, and a strong Zacks Rank, meaning that this company could be a great choice for value investors at this time. Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020.

Can I buy stock in Volvo?

Once Volvo goes public, you’ll need a brokerage account to invest. Consider opening a brokerage account today so you’re ready as soon as the stock hits the market.

Is Volvo a good dividend stock?

AB Volvo paid out 63% of its profit as dividends, over the trailing twelve month period. This is a healthy payout ratio, and while it does limit the amount of earnings that can be reinvested in the business, there is also some room to lift the payout ratio over time.

Is it worth it to buy a used Volvo?

— Car Forums at Edmunds.com Buying used Volvo, worth it? I’m in the market for a brand used car but don’t have a lot of dough to spend. In my price range (a measly $2500) I’m seeing quite a few ’01-’02 Volvo S60’s and S80’s. They look quite nice for my price range, but everyone is telling me that they are expensive to maintain.

When did Volvos become better than US made cars?

Maybe a little better then US made vehicles in the 70’s and early 80’s. Then the rest of the market passed them and their quality in the late 80’s and 90’s was inferior to most cars. Then Ford bought them and brought their reliability up to Fords standards.

Why are Volvo Cars considered such safe cars?

Over the years, Volvo has established a well-earned reputation for building what are among the safest cars on the road. All current Volvos that have been crash-tested by the National Highway Traffic Safety Administration receive a superior rating of five stars for occupant protection.

What’s the average mileage of a Volvo?

The cars I am looking at are in the 120k-180k mile range, and I’d really appreciate some advice going in to this purchase. Are these cars really that expensive to maintain?