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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (60157)11/30/2017 5:01:21 PM
From: Paul Senior  Respond to of 78958
 
Autos (parts). I'll step up for a few starter shares of Goodyear (GT)

My little electric car had to have tires replaced for treadwear after only 14k miles (in 3 years). A surprice and unexpected expense to me. (Those dinky tires are small, but they are not cheap.) I wonder if designers/manufacturers of electric cars value tires that improve equivalent miles/gallon numbers more than they do longevity of tire. Does anybody get 30 or 40 thousand miles out of a tire on an electric car, I wonder.

If I recall, an investor complaint about GT is its pension obligation. With business doing well (GT's and others), and the market up so much, at this time the issue of whether GT can meet it's at least near future pension obligations seems like it would not be a concern now. (Well, it's not a concern for me anyway)

Positive and interesting article on GT and future guess of the transformation of auto retailing is here:

marketwatch.com

Stock was about $29+ when this article came out (Nov 7). Stock now $32+. (Morgan Stanley having a $43 price target on this stock, their favorite stock in their auto sector.



To: robert b furman who wrote (60157)7/25/2018 9:55:13 AM
From: Paul Senior  Read Replies (1) | Respond to of 78958
 
LAD. Not a good day for auto stocks -- GM, FCAU, et. al. Nor for auto retailers. Lithia down a bunch -- I'll add to my position (LAD)

finance.yahoo.com