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Tata Motors (TTM): Mini-car opportunity

"Who will gain from the ongoing troubles at the Big-3 automakers in the US?" asks growth stock specialist Brandon Clay.

In his Invest with an Edge, the growth stock advisors takes a look at Tata Motors Ltd. (NYSE: TTM) which is expected to launch the world's cheapest car. Here's the advisor's review.

"Tata Motors is part of one of the largest manufacturing entities on the planet, will soon release the world's cheapest automobile in the United States.

"Debuting at $2000, the Tata Nano is set for a July 2009 delivery. Tata already has 1 million reservations for their mini-car. If they could deliver, it would easily become the best-selling car this year.

Continue reading Tata Motors (TTM): Mini-car opportunity

Auto parts buck downtrend: Autozone (AZO) & O'Reilly (ORLY)

Leo Fasciocco is a technician focused on "breakout" stocks; in his Ticker Tape Digest, two recent such breakout ideas were both from the out-of-favor auto parts sector: O'Reilly Automotive (NASDAQ: ORLY) and Autozone (NYSE: AZO).

Noting the recent strength in these auto parts stocks -- both have recently rose to new 52-week highs despite the market's sharp declines -- the advisor explains, "Auto parts stocks may see strong product demand as more people keep their car and not buy a new one."

"O'Reilly Automotive is one of the largest specialty retailers of automotive aftermarket parts, tools, supplies, equipment, and accessories in the U.S, with annual revenues of $3.1 billion.

Continue reading Auto parts buck downtrend: Autozone (AZO) & O'Reilly (ORLY)

Symbol Lookup
IndexesChangePrice
DJIA-124.2510,340.15
NASDAQ-26.522,149.53
S&P 500-14.641,095.99

Last updated: November 27, 2009: 11:54 AM

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