Bridgestone Corp (ADR)
The recovery in the US auto market is a fact, as evidenced by a significant increase in sales. One way to play this recovery is buying stocks of automakers. However, several commentators have pointed to the possibilities inherent in auto parts manufacturers, which often provide strong growth at attractive valuations. This often neglected industry may prove to be an enticing alternative to traditional car manufacturers. One company, Cooper Tire & Rubber more »
The unemployment rate in the US recently slid to 7.8%, which is the lowest level in the last 4 years. Whenever people have disposable income in a low interest rate environment, they are more likely to spend it. Consumer spending is also witnessing an upside, which analysts believe is lifting the US economy. The Federal Reserve’s plan to revive the economy by monthly injections of $40 billion seems more »
The leader in tire manufacturing, Titan Inc. has faced its ups and downs. But despite everything, it has persevered, moving on to occupy a well-respected position in the global market. Let us take a more careful look at the company.
Titan originally started its business, as the "Titan Tire Corporation” in 1993, manufacturing only various off-the-road tires. They continued expanding their product offering and reach by purchasing the off-road tire more »