$14.54 0.88 (+6.44%)
12/4/2009 10:52 AM

The Goodyear Tire & Rubber Company (GT)

CAPS Rating: 2 out of 5

A manufacturer of tires and rubber products. The Company also manufactures and markets several lines of power transmission belts, hoses and other rubber products and rubber-related chemicals for various applications.

Recs

1
Member Avatar robyn6022 (96.48) Submitted: 5/6/2009 2:30:34 PM : Outperform Start Price: $8.98 GT Score: +27.45

GT will be @ $20 by end of year IMO> CTB not far behind that as well. No one is really in position now to buy new cars so they are going to need to replace those old tires.

GT has made adjustments, but CTB has cut a lot of costs. They shut the lack luster producing plant in Albany as well as all plants negotiated Union contracts,so cut costs down considerably to save when they were all faced with one of the plants closing this year.

These are gold mines! Got in on CTB @ $5.35.

Report this Post 0 Comments

Featured Broker Partners