Zacks Analyst Interview Highlights: Stoneridge, TRW Automotive, Tenneco, Ford and General Motors.CHICAGO -- Zacks.com releases the latest Analyst Interview. Today's interview is with senior analyst Paul Raman, who discusses Stoneridge (NYSE NYSE See: New York Stock Exchange : SRI), TRW Automotive
On 12th December 12 2002, Northrop Grumman acquired TRW Inc. An 80.1% stake (later increased to more than 90%) in TRW Automotive Holdings, including the former LucasVarity Automotive, was spun off to (NYSE: TRW TRW The Real World (TV reality show) TRW The Right Way TRW Tactical Reconnaissance Wing TRW The Retriever Weekly (University of Maryland, Baltimore, MD) TRW Thompson Ramo Wooldridge Inc ), Tenneco (NYSE: TEN), Ford (NYSE: F) and General Motors (NYSE: GM). A synopsis A summary; a brief statement, less than the whole. A synopsis is a condensation of something—for example, a synopsis of a trial record. of today's Analyst Interview is presented below. The full article can be read at http://at.zacks.com/?id=2678. Are things any better on the auto suppliers' side of the industry? Actually, they really are. For instance, Stoneridge (NYSE: SRI) is aggressively cutting costs and benefiting from the growth of the overall commercial vehicle market. Increased use of electronics in vehicles is also benefiting the company. We rate the shares of Stoneridge a Buy with a target of $13.50. SRI designs and manufactures engineered electrical and electronic components, modules, and systems for the automotive, medium and heavy-duty truck, and agricultural vehicle markets. For TRW Automotive (NYSE: TRW), which is a global leader in the development and supply of active and passive safety technologies, this is a company that has excellent long-term prospects. Primarily this is because of the increasing emphasis being put on safety awareness by the government and consumers. Management is re-evaluating its cost structure and is keen on undertaking restructuring activities. We rate the stock a Buy with a target price of $45.00. Another Buy recommendation I currently have is on the leading auto parts Auto parts are components of automobiles. They mainly are, in alphabetic order (only car specific articles or articles with car section):
See: Secondary market. aftermarket See secondary market. , Tenneco (NYSE: TEN). Tenneco is witnessing revenue improvements and has been successful in cost reduction efforts and restructuring activities. The company holds a leading position in nearly every product category it offers. Moreover, diversification has proved to be a major positive for the company. What risk factors exist for investors who may be looking to diversify into the auto supplier segment? Our primary concern is the soft automotive climate in a general sense. Persistent production cuts announced by Ford (NYSE: F) and General Motors (NYSE: GM) remain a matter of concern. The pricing environment remains challenging, as well. Suppliers like TRW are feeling the pinch, as OEMs demand more concessions in the face of profitability constraints. This, coupled with weak volumes, risk putting margins under pressure for these kinds of companies. Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to Verb 1. subscribe to - receive or obtain regularly; "We take the Times every day" subscribe, take buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company"; this free newsletter today by visiting http://at.zacks.com/?id=2679. About Zacks Zacks.com is a property of Zacks Investment Research Zacks Investment Research A firm that compiles earnings estimates and brokerage firm investment recommendations for thousands of publicly traded firms. , Inc., which was formed in 1978 by Leonard Zacks. As a PhD in mathematics Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform Outperform An analyst recommendation meaning a stock is expected to do slightly better than the market return. Notes: Exact definitions vary by brokerage, but in general this rating is better than neutral and worse than buy or strong buy. the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros by going to http://at.zacks.com/?id=2648. Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. (a)The Zacks Performance Rank performance is the total return of equal weighted simulated portfolios consisting of those stocks with the indicated Zacks Rank net of fees. Results reflect the reinvestment Reinvestment Using dividends, interest and capital gains earned in an investment or mutual fund to purchase additional shares or units, rather than receiving the distributions in cash. 1. In terms of stocks, it is the reinvestment of dividends to purchase additional shares. of dividends and other earnings. Simulated results do not represent actual trading and may not reflect the impact that economic and market factors might have had on decision-making if an adviser were actually managing a client's money. (b)The S&P 500 Index ("S&P 500") is a well-known, unmanaged index of the prices of 500 large-company common stocks selected by Standard & Poor's. The S&P 500 includes the reinvestment of all dividends, no transaction costs Transaction Costs Costs incurred when buying or selling securities. These include brokers' commissions and spreads (the difference between the price the dealer paid for a security and the price they can sell it). , and represents the gross returns before management fees. Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation solicitation In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual to buy or sell any security. |
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