Steven Towns

What Happened to Mitsubishi Motors? (GS, DCX)

Right on Gen Kanai. I hope the government doesn't bail them out if/when the time of last desperation comes. The Japanese auto market is pretty much saturated, although niche growth areas exist such as in high-end autos and mini cars. Unfortunately Mitsubishi Motors' best days are behind them.

Barron's Online on Nomura Holdings' Comeback (NMR, MTU, GS, MER, MWD)

Any Mad Money followers out there? James J. Cramer says his favorite play is Mitsubishi UFJ (ticker: MTU) because, "The situation in Japan is kind of like the U.S. in 1990. Real estate has bottomed out in Japan, which is a bullish sign for the banks, because the economy is getting moving again." He also says another way to play Japan is the iShares MSCI Japan Index (ticker: EWJ). See last Friday's Mad Money Mail Bag.