NEW YORK, June 12. 2000 (PRIMEZONE) -- Four leading analysts and top management from ten sector firms examine the Automobile & Auto Parts Industry sector in the latest issue of The Wall Street Transcript (212/952-7433) or http://www.twst.com/info/info109.htm
In a vital review of this sector for investors and industry professionals, this valuable 77-page Special Issue features:
1) Automobile & Auto Parts Industry - In an in-depth (11,000 words) Analyst Roundtable, David Garrity, Head of Global Automotive Research with Dresdner Kleinwort Benson North America, David Leiker, First Vice President at Robert W. Baird & Co., and Matthew Stover, a Director at Salomon Smith Barney, examine the outlook for the sector, the ongoing consolidation, discuss the interest rate environment, industry trends, and share specific stock recommendations.
Garrity's top pick among auto suppliers is Delphi Automotive Systems (NYSE:DPH). "Our top recommendation amongst the auto suppliers here in the US has been Delphi Automotive Systems, with a target price of $25 a share; the stock is at roughly $17 3/8. We presently have an earnings forecast for Delphi of about $2.15 a share this year and $2.40 a share next year."
This 77-page Automobile & Auto Parts Issue also features: 2) Outlook for Auto Manufacturers - In an in-depth (4,200 words) Analyst Interview, Michael Bruynesteyn, Senior Automotive Analyst with Prudential Securities, discusses the outlook for the sector, including demand-side issues, product development, consolidation, and shares specific stock recommendations.
3) The TWST confidential Off-The-Record survey of management performance at twenty-one sector firms asked market insiders about the ability of management teams to create shareholder value. Firms reviewed in Off-The-Record include:
Arvin Industries, AutoNation, BorgWarner, DaimlerChrysler, Dana Corporation, Delphi Automotive Systems Corporation, Delco Remy International, Federal-Mogul, Ford, General Motors, Gentex Corporation, Illinois Tool Works, Intermet, Johnson Controls, Keystone Automative Industries, Lear, Littelfuse, Magna International, Superior Industries International, Tower Automative, TRW.
4) CEO interviews (average 3,400 words). Top management of ten sector firms examine the outlook for their firm and the sector. Firms include:
Bolder Technologies, Environmental Solutions Worldwide, ASC Exterior Technologies, Cragar Industries, Delphi Automotive Systems, Edelbrock, Harvard Industries, Ocean Bio-Chem, Sonic Automotive, Ugly Duckling. To obtain a copy of this 77-page Automobile & Auto Parts issue, call (212) 952-7433 or see http://www.twst.com/info/info109.htm.
The Wall Street Transcript is a premier weekly investment publication interviewing market professionals for serious investors for over 37 years.
The Wall Street Transcript has launched a new free service where investors can ask any of the above companies (or any public company) a question at http://www.qawire.com.
The Wall Street Transcript does not endorse the views of any interviewee nor does it make stock recommendations.