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$4.95 -0.41 (-7.65%)
10/7/2008 4:03 PM

Standard Motor Products, Inc. (SMP)

CAPS Rating:
***

The Company is engaged in the manufacture and distribution of replacement parts for motor vehicles in the automotive aftermarket industry.

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Avatar TimmyTheGeek (72.20) Submitted: 11/26/07 6:07 PM : Outperform Start Price: $7.16 SMP Score: -1.48

Step into the batters box and watch this pitch: SMP's P/E and P/CF are both under 10 and it currently trades at book value EXCLUDING intangibles. Throw in a 4.8% dividend which does not appear to be in jeopardy and you've got a nice value AND income stock. I realize anything 'automotive' might be beat up in a recession, but SMP is already at a 52 week low and its 5 year history shows it rebounds near this price point every time. Also, remember they sell replacement parts, and I bet people in a recession will be repairing their vehicles rather than buying new ones, so SMP might do OK in rough times. Swing batter!!

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