Is Panasonic Stock a Buy?
Panasonic is a household name that's been around for a long time. I remember the bright blue "Take n' Tape" Panasonic recorder I had as a kid -- the kind with the rounded handle. I enjoyed many hours listening to my Solid Gold Hits of the 70's cassette on that player.
But the brand is not as well-known to investors. It's not listed on the major stock exchanges. Instead, it's what's called a pink sheet stock that's traded "over-the-counter" (OTC) -- thus the Panasonic (OTC: PCRFY) ticker looks different than most you might be familiar with. But that doesn't mean it's not worth consideration by investors.
Technology has changed dramatically since the days of the "Take 'n Tape" and the company has changed. Is it worth investing in? Let's take a look.
Source Fool.com
