Tenneco, Inc. (NYSE: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.
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Gimme three steps as Lynyrd says. Automobile industry shake up coming soon and plenty of upside from here to profit from it. Let's respoke the wheel not reinvent it.
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Already losing money, highly vulnerable to any disruptions at the top of the supply chain, ie, GM or Chrysler bankruptcy.
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Comon sense company leadership, foregn automotive market as well as aftermarket industry opertunities
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The change in the Exhaust regulations, China buying more vehicles, Gaining new markets overseas, and the fact that absorbers will always be needed no matter the vehicle.
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Car industry
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full disclosure - my mom works for tenneco headquarters in monroe mi, however I don't talk to her about the company, that said I pick this one for her. I do think this will outperform no matter the economy because they don't just supply new automakers but the aftermarket as well, and as the economy falters people will be more tempted to drive their cars longer, requiring repairs which tenneco supplies
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Products we need
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NEW EXHAUST REGULATIONS AND FOREIGN SALES WILL PROPEL THIS STOCK TO NEW HIGHS
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