Like so many other companies in the auto parts and components space, Delphi Automotive (NYSE:DLPH) hasn't had the best run of performance over the past year. While the sector has rebounded off January lows, Delphi (like Continental AG (OTCPK:CTTAY), Denso (OTCPK:DNZOY), and Valeo (OTCPK:VLEEY))
has gotten dinged on weaker guidance in 2015 and forward-looking
concerns about the health of the auto markets in Western Europe, North
America, and China.
Like those aforementioned names, Delphi has some appealing leverage
to the major growth drivers in the auto space - growing electrification
of vehicles, more efficient internal combustion engines, and growing
adoption of driver assistance technologies. I believe that these trends
can push the company to double-digit long-term cash flow growth, but
more of that potential seems to be factored into the price relative to
Valeo.
Read more here:
Delphi Automotive Poised For Growth, And Wall Street Knows It
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