Winners & Losers in Auto Parts (JCI, ALV, BWA, GNTX)
Morningstar is well known for fund research and ratings, but the company also focuses on research in many equities and ETF products as well. One of today’s focal points was on what lies ahead for auto suppliers. Some of the…
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Morningstar is well known for fund research and ratings, but the company also focuses on research in many equities and ETF products as well. One of today’s focal points was on what lies ahead for auto suppliers. Some of the key parts makers and services providers included were Johnson Controls Inc. (NYSE: JCI), Autoliv, Inc. (NYSE: ALV), BorgWarner Inc. (NYSE: BWA), and Gentex Corp. (NASDAQ: GNTX) as four of the picks covered in this report from David Whiston of Morningstar. So far, three of these four are trading higher on the day.
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Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. www.247wallst.com.
