Titan International, Inc. (TWI)

Developing markets will pick up.

Titan International Inc. Announces Positive Earnings
http://finance.yahoo.com/news/Titan-International-Inc-bw-809102204.html?x=0&.v=1

Benefit from goodyear closing the operations for Farm Equipment tire manufacturing.

under performing other tire producers, all tire producers are overdone

Slowly picking it back up w/ the Auto industry

Possible anti dumping push from UAW against China made tires plus excellent company productivity ratings make this a good long term buy at $6/share.

This is somewhat experimental on my part, we'll see what happens.
PEG = 0.99 via yahoo finance
EV/OCF/ROA = 0.82
Analysts have been way off on their estimates over the last year, both positively and negatively, with the most recent miss being negative.

The only tire production company that produces everything in the United States. No passenger car tires, but strong, strong in construction, industrial, and agricultural tires.

In addition to a possible Obama bounce, if companies don't buy new equipment they will spend more on maintaining them to keep productive. Stock is unreasonably low right now.

Top 20 Covered Call Trades

They make and sell specialty tires. On the Ag side, they may be able to pass off the increased prices, but not so much on the consumer side. We'll see. I'll make this pick when they shot up 20+%

Now is the time to get in. $38 is a good entry point for this stock. I do not expect another pullback until it hits $45+ .

Well positioned to take advantage of demand from agriculture and mining, and not only in US markets, but contracts abroad will provide a cushion against a slowing US economy.

1) Never bet long-term against anything in the construction field.

2) No matter how expensive fuel gets, guys who like to drive in the mud with big-ole tires are going to find a way to pay for it.

BIG GIANT TIRES! What's not to like? Seriously, agricultural, mining and other industrial uses have created a shortage of oversized tires, and this company is positioned to benefit from this trend and the major tire manufacturers desire to catch up on demand.

Purely a growth stock pick. TWI is in a great industry right now...the ag sector is hot. We'll see how hot it is.

Titan International, Inc. and its subsidiaries (Titan) is a manufacturer of wheels, tires and assemblies for off-highway vehicles used in the agricultural, earthmoving/construction and consumer markets. Titan�s earthmoving/construction market also includes products supplied to the United States government, while the consumer market includes products for all-terrain vehicles (ATVs) and recreational/utility trailer applications. Titan manufactures both wheels and tires for the majority of these market applications. During the year ended December 31, 2006, Titan�s agricultural market sales represented 62% of net sales, the earthmoving/construction market represented 27% and the consumer market represented 11% of net sales. The Company�s customers include AGCO Corporation, Caterpillar Inc., CNH Global N.V., Deere & Company and Kubota Corporation. On July 31, 2006, Titan acquired the off-the-road (OTR) tire assets of Continental Tire North America, Inc.

This stock will take off when it's new equipment tire plant is completed.

It seems a little overvalued right now, but with good management, and the biggest foothold in the ag and construction tire buisness, which continue to grow, I think this business will continue to grow. A good friend of mine told me about TWI a few years ago when it was sub-$5, but we were both reluctant to buy, if only....