Friday, September 28, 2012

Investopedia: Dana Looks Like A Name To Know In Parts

These are not easy times to be in the business of supplying parts and components for the passenger vehicle or commercial vehicle markets. Although U.S. auto sales have been quite good of late, business has slowed in Europe and many emerging markets, while numbers and management guidance from a host of truck, agriculture and mining OEMs has pointed to slowing trends as well.

Against that backdrop, I still think it is worthwhile for investors to take a closer look at Dana Holdings (NYSE:DAN). Numbers have come down a bit, and there are definitely risks in end-user demand for 2013, but this company's diversification across geographies, end markets, technologies and customers makes it a differentiated parts and components company. Coupled with a valuation that does not seem demanding, the stock is likewise interesting at these levels.

To read more, please follow this link:
http://www.investopedia.com/stock-analysis/2012/Dana-Looks-Like-A-Name-To-Know-In-Parts-DAN-AXL-MTOR-F0928.aspx

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