Cooper Tire & Rubber Company
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This Undervalued Tire Company Is Smoking Estimates
By Daniel James - May 6, 2013 | Tickers: BRDCY, CTB, GT
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 »
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A Safer Way to Play the Automobile Recovery
By Piyush Arora - April 5, 2013 | Tickers: CTB, F, GM
According to recent economic data, sales of automobiles have risen more than 10% annually since 2010, and J.D. Power forecasts double-digit growth for FY13 as well. Furthermore, sales of light vehicle have risen 8.4% in the first two months of 2013, and automakers are looking to ramp up their production in the U.S.
This certainly presents a bullish case for companies like General Motors (NYSE: GM) and more »
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Is This Tire Company One Of The Last Bargains In This Market?
By Matthew Frankel - April 3, 2013 | Tickers: AZO, CTB, GT
Goodyear Tire & Rubber Co (NASDAQ: GT), the largest U.S. tire manufacturer, has a leading market share not only in North America, but in Latin America, China, and India as well. Although sales dropped following the financial (and automaker) crisis of about five years ago, the company has grown its revenues to higher levels than they had ever been. Despite this, shares are trading for under $13 per share, a more »
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A Safer Way to Play the Automobile Recovery
By Piyush Arora - April 2, 2013 | Tickers: CTB, F, GT, TM
According to recent economic data, sales of automobiles have risen by more than 10% annually since 2010, and JD power estimates double digit growth rate for FY13 as well. Furthermore, light vehicle sales have risen by 8.4% in the first two months of 2013 and automakers are looking to ramp up their production in the US. This certainly presents a bullish case for companies like General Motor (NYSE: TMmore »)
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Three Future Winners You Should Look At
By Rupert Hargreaves - March 10, 2013 | Tickers: CTB, CYBX, SONC
It can be hard to pick future winners. In fact, it is almost impossible to consistently pick small cap stocks that are destined for greatness. However, based on vigorous screening criteria, I have picked three stocks that I believe are destined for greatness, based on their current financial information.
I have been searching for future winning equities based on the following criteria:
- Small market cap. – greater than $300 million but more »
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When the Rubber Hits the Road, Which U.S. Tire Stock Wins?
By Meena Krishnamsetty - January 28, 2013 | Tickers: CTB, F, GM, GT, TM
Auto sales reported in last week's retail sales figures showed higher vehicle sales in 2012 compared to 2011, with Ford (NYSE: F) and General Motors (NYSE: GM) taking the lead in the U.S. market while Toyota (NYSE: TM) nearly tied Ford in domestic sales. The industry as a whole saw sales of about 14.4 million units, which was 13% higher than 2011 sales (Look at which auto more »
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An Indirect Way To Play The Automarket
By Rupert Hargreaves - January 28, 2013 | Tickers: KMX, CTB, MGDDF, GT
The economic recovery is under way across the US and China is also starting to recover.
I believe one of the best ways to play the recovery is through the demand for new cars which is already starting to pick up. However, in my opinion the auto stocks such as Ford and GM are too risky, with much more cyclical exposure than I would like. The alternative to auto manufactures more »
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Big Upside in Store for This Tire Manufacturer
By Piyush Arora - October 30, 2012 | Tickers: BRDCY, CTB, GT
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 »
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Why Goodyear is a Better Stock Than GM and Ford
By Meena Krishnamsetty - August 19, 2012 | Tickers: CTB, F, GM, GT
The Goodyear Tire & Rubber Company (NASDAQ: GT) isn’t getting a lot of respect this year. The stock is down 19% while the S&P 500 index has climbed over 10%, partly because the company’s core business has suffered and partly because of the rising dollar. Hedge funds, however, got more optimistic on The Goodyear Tire & Rubber Company in the first quarter of the year. Adage Capital Management initiated more »
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A North America Turnaround
By C. Russell - July 22, 2012 | Tickers: CTB, GT
Just over a decade ago, Goodyear Tire & Rubber (NASDAQ: GT) seemed to be achieving previously unknown levels of success. Core return on equity was well over 20% and over $1.5bn of EBITDA was the standard. Towards the end of the 1990s, problem signs began to appear. A large JV with Sumitomo was struck at what, it became clear, was the peak of the market. Sales eventually recovered in 2004 more »