This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Warren Buffett, Volkswagen: Hot Trends

Stocks in this article: CVX

NEW YORK ( TheStreet) -- Popular searches on the Internet include Warren Buffett as the billionaire investor arrived on his first visit to Japan Monday, prompting speculation about his plans to invest in the country's stock market.

Buffett had planned to make a trip to Japan this spring, but had been forced to delay the visit after the March earthquake and tsunami. Buffett met with workers from the Fukushima nuclear power plant, which leaked radiation after the natural disasters in March. He posed for pictures with plant workers, holding a sign saying, "Never give up Fukushima!"

Buffett will hold a press briefing after touring the plant. He also visited Tungaloy's plant, which makes car manufacturing tools. Buffett's company bought a 71.5% stake in Tungaloy in 2008.

Buffett maintains that the earthquake and tsunami hasn't changed the fundamentals strengths that lie within the Japanese economy and said he is looking for opportunities there.

Volkswagen is trending as the car company plans to make electric vehicles in China.

Starting as early as the end of 2013, Volkswagen may build two electric models with partners in China. The company said it plans to sell more than 2 million cars in China this year and hopes the country will help it become the world's biggest automaker by 2018. VW plans to double its China production capacity by 2015.

The company said it expects to outpace the growth in China's car market, which it believes will expand by 8% to 10% in coming years.

Rio de Janeiro is another popular search. The Chevron (CVX) oil spill off the coast of Rio de Janeiro is getting smaller, with surface water oil sheen now down to 18 barrels and no new oil being emitted.

Chevron said it will fully clean up the effects of the Nov. 9 spill. It also said that the leak from the undersea well has been plugged and that about 18 vessels were supporting well-plugging operations and oil sheen cleanup.

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs