Auto parts (replacement) industry
Article Abstract:
Fewer discretionary car repairs and a mild 1994-1995 winter has led to a large auto parts inventory in 1995, with lower revenues and earnings for the industry. Results for the 4th qtr of 1995 are also expected to remain low, but a harsher 1995-1996 winter and increased repairs, due to Clean Air Act mandates, will help the industry. These stocks are expected to underperform the market in 1996, but several are worth considering.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1995
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Auto parts (replacement) industry
Article Abstract:
Potential investors in the auto parts (replacement) industry should be wary, since the sector is below average in overall Timeliness and in fact there are no timely stocks among those tracked. However, after a financially difficult 4th qtr 1995, several companies seem poised to improve, although it is too early to say if the industry is over its slump. There are some attractive opportunities for the 3-to-5 year investment.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
Auto parts (replacement) industry
Article Abstract:
The replacement auto parts industry performed poorly in 1995. Net income declined, although consolidated sales increased, and manufacturers and distributors had excessive inventory on hand. However, the greater number and the increased age of motor vehicles indicate moderate industry profit growth for the 1990s. There are several above-average investments among these stocks for long-term capital gains.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1996
User Contributions:
Comment about this article or add new information about this topic: