Tata Motors Going Global

Tata Motors Ltd. (TTM) is going global. Just look at the recent headlines about the stock:

India’s Tata, Mahindra eyeing Jaguar, Rover: report – This is not necessarily something I personally support or like but as a part of global expansion, I would deem it ok.

Report: Tata Motors to Invest in Thailand

Tata Motors plant in S.Africa likely

Tata ventures into Saudi Arabia car market

Foreign shores beckon Tata Motor Finance

With this kind of explosive growth, the stock seems to be a great buy. Even with the 5% increase in the stock price today, the ADR trades at a modest discount (~0.7%).

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