Tenneco, Inc. (NYSE:TEN)

tenn

low PEG, strong price uptrend

23% revenue growth

spam

Too much debt. OE ride control is a money pit.

Check in a week.

Tenneco, Inc. (TEN)
The Company is a manufacturers of automotive emission control and ride control products and systems. It serves both original equipment vehicle manufacturers and the repair and replacement markets, or aftermarket, worldwide.

Commentary:
Loads of debt calendarized to the future, history of deterioriating stockowners value. I really wonder why would anyone want to buy into this? Takeover - I doubt that, some form of mass psychology manipulation - maybe, wishful thinking, confirmation bias .. etc.

TEN, Tenneco Inc. (NYSE: TEN)

Last Trade: $22.11
Change: 2.15 (10.76%)
Volume: 2,016,907

Tenneco Inc. announced on June 4th that it has entered into an agreement with its lenders to amend and extend its existing senior credit facility. The amendment enhances the company's financial flexibility by extending the term of its $550 million revolving credit facility and replacing its existing $128 million term loan A facility with a larger and longer maturity term loan B facility. The amendment also includes improved pricing if Tenneco achieves additional reductions in its net leverage ratio.

Under the amendment, the size of Tenneco's revolving credit facility increases immediately from $550 million to $622 million until March 16, 2012, when commitments of $66 million from non-extending lenders expire. Thereafter, until its extended maturity date of May 31, 2014, the revolving credit facility will provide $556 million of total availability. The extended facility will mature on April 15, 2013 if the company's secured notes are not refinanced by that date or on December 14, 2013 if the company's tranche B-1 letter of credit/revolving loan facility is not refinanced by that date. To read the rest of the article visit here.

About Tenneco

Tenneco Inc., together with its subsidiaries, designs, manufactures, and sells automotive emission control and ride control systems and products worldwide. The company?s emission control systems include catalytic converters and diesel oxidation catalysts to reduce harmful gaseous emissions; diesel particulate filters to eliminate particulate matter emitted from diesel engines; burner systems, which combust fuel and air inside the exhaust system; and hydrocarbon vaporizers and injectors to add fuel to a diesel exhaust system in order to regenerate diesel particulate filters.

For more info on TEN visit their website at: http://www.tenneco.com

most appreciated stocks on market on 1 year basis.
furthermore they are not appreciated here on CAPs via star rating.
Even further...their 2 year & 3 year charts show a stock that was not butchered, so even since the market turmoil from 2007-2008, not much of a discount was offered on these picks...at all.
short: bws,lzb,ctb,dan,ten,pir,hgsi

Breakout

Great Vehicle/ Auto Part play! raised price target. This one is worth putting into my IRA and or just playing it outright

Love the chart and the turnaround in earnings.

Exhaust regulations are hitting the off road industry starting next year. TEN is capable of capturing significatnt new revenue not available to other tier one auto suppliers. In 5 years, this may not be considered an auto supplier stock.

bankruptcy candidate

The recession is officially over... for America's competition. Going to Zero.

Tenneco has the market for offroad emission standards required in 2010 as well as other proprietary technologies that poise Tenneco to shoot past their competitors.

Increasing debt, debt 2X market cap, negative equity, high cost of revenue.

Beware that pesky 3.6 beta, and the -10 EPS. Oh, and the insane run-up from lows. This stock screams SELL! about as loudly as PALM.

1. big turnaround since 1Q: up 466% this quarter
2. primary supplier to Ford, who already benefiting greatly to bankruptcies of GM and Chrysler.

let it ride it's been steadly increasing