Auto parts (original equipment)
Article Abstract:
The automobile parts (original equipment) industry had a good year in 1999 with strong demand, due to high automobile productivity, and good earnings, and the year 2000 is forecast to be favorable, also. Manufacturers, however, need to focus on market share in the future as US and international automobile sales will not be as high in recent years. Investors will find some good selections in this industry for the next three to five years, but these stocks are not timely for the year 2000.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 2000
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Auto parts (original equipment)
Article Abstract:
The environment has been favorable for the auto parts (original equipment) industry and it had a record year in 1999. Cost-cutting by the automobile industry in the US presents a challenge, and there seems to be little enthusiasm for these stocks in the equity markets. These stocks are not timely for the year 2000, but several individual issues have appeal for investors.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 2000
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Comment about this article or add new information about this topic:
Auto parts (original equipment)
Article Abstract:
Economic conditions for the auto parts (original equipment) industry have been almost ideal during the first six months of 1999 with high automobile sales and earnings for the 2nd qtr are in the rise due to strong demand. The industry has been under consolidation pressure and market share has become important as sales and profits for most auto parts manufactures comes from the mature Western European and North American markets. There are few timely stocks in this industry in 1999, but several have good total return potential for investors for the next three to five years.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1999
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Comment about this article or add new information about this topic: