In the Dark Corners of the Market... Value Still Lies
Some of the best places to look for value are industries that have been out of favor for a long time. During the financial crisis, the big three American automakers faced serious, and for some equity holders, fatal problems. When the foundations of the industrial ecosystem are in jeopardy, many of the smaller manufacturers in the auto sector suffered tremendously - experiencing depressed share prices, halting dividends and serious impairment of earnings power.
In spite of the difficulties experienced by the broader auto industry including the bankruptcy of General Motors (GM) and the near collapse of Ford (F), several small companies were able to weather the...
Only subscribers can access this article, which is part of the PRO research library covering 3,773 different stocks.
Growing numbers of fund managers and other investment professionals subscribe to Seeking Alpha PRO for equity research that is unavailable elsewhere, so they can: