Auto parts (original equipment)
Article Abstract:
Most companies in the automobile equipment industry had double-digit profit gains in 1997, and this trend is expected to continue through 1998 due to a sound US economy and other factors. In addition, cost-cutting by automakers has led them to contract with outside vendors for parts, giving the auto equipment industry new opportunities and challenges. Several of these stocks are expected to outperform the market in 1998 and through 2000-2002.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1998
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Auto parts (original equipment)
Article Abstract:
The strong and stable production levels for light-vehicles has provided for a favorable economic environment for the original equipment automobile parts industry. The best managed and most aggressive auto parts companies should enjoy market gains over the next three to five years in spite of slow grwoth and product line and expansion risks. Investors should be able to find good stocks here for 1998 and through the years 2001-2003.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1998
User Contributions:
Comment about this article or add new information about this topic: