I do not know this industry or company well. All I know is what of have acquired in researching this company from their web site, annual reports, Schwab and Merrill Lynch (Bank of America).
In looking for stocks to potential recommend to the club, stocks in the automotive industry are coming highly recommended. Various companies were considered such as:
- Ford (F)
- American Axle and Manufacturing Holdings (AXL)
- Magna International (MGA)
Based upon collaboration with Mark and his technical analysis model, the stock I decided to present and recommend to the club is Lear (LEA).