Underappreciated stock that is a play on the growing global automotive markets, with a big footprint in China and now in India. Leveraging the efficiency and cost-effectiveness of a Chinese workforce. Market cap only at $153M with 18M shares outstanding and a tiny 2.7M share float. 30% top line growth. EPS is $0.56, trading at a PE of 15. No LTD. Currently trading sideways. I am in, in a big way today. $8.39 close.
Don't say I didn't tell you!
Tom Caruthers
SORL Auto Parts, Inc. engages in the development, manufacture, and distribution of automotive air brake valves and related components for commercial vehicles. It offers spring brake chambers, relay valves, air dryers, hand brake valves, and clutch servo. The company also offers power steering pumps and other pumps, automobile electrical components, and auto meters. Its products are principally used in commercial vehicles weighing over three tons, such as trucks and buses. SORL Auto Parts serves original equipment manufacturers and aftermarket distributors in China and internationally. The company was founded in 2003 and is based in Ruian City, the People?s Republic of China. |
