Superior Industries: This $3 Turnaround Stock Has Bottomed Out And Offers Strong Rebound Potential

About: Superior Industries International, Inc. (SUP)
by: Hawkinvest
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Value, contrarian, dividend investing

Superior Industries shares have been beaten down due to acquisition pains and other factors like the recent GM strike.

This company recently posted financial results that indicate it could be poised to resume its history of profitability.

Superior Industries currently has over $250 million in liquidity, plus it is cash flow positive, so potential downside risks appear limited now.

A new uptrend is now visible on the chart which could also be confirming a buy signal.

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Superior Industries International (SUP) is one of the largest vehicle wheel manufacturers in the world. It supplies