Gregory Vousvounis
Value, growth at reasonable price, long-term horizon, long only

Tenneco: An Undervalued Auto Parts Manufacturer That Investors Should Add To Their Watchlists

Tenneco (NYSE:TEN) is an auto parts manufacturer. More specifically Tenneco is focused on providing parts for a vehicle's emission and ride control systems. For the emission control category Tenneco builds catalytic converters, diesel particulate filters (DPFs), mufflers and resonators, pipes and many more. For the ride control category Tenneco builds shock absorbers, struts, advanced suspension systems and other relevant parts.

Tenneco sells its products to almost all auto manufacturers around the world and also to some truck and special purpose vehicle manufacturers like Caterpillar (NYSE:CAT) and John Deere (NYSE:DE). Its two biggest customers are General Motors (NYSE:GM) which 17% of sales and Ford (NYSE:F) with 15%.

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