Goodyear Tire Is On The Road To A Great FY 21 With Q3 Results

Dwight Baker
357 Followers

Summary

  • Goodyear sees its strongest price/mix over raw materials in over a decade.
  • Acquisition synergies and strong sales are contributing to a healthy bottom line.
  • Goodyear continues its history as an innovator and industry leader.
  • The current share price is at a fair value, but Goodyear is poised for further EPS growth.

Goodyear Tire & Service business building

J. Michael Jones/iStock Editorial via Getty Images

The Goodyear Tire & Rubber Company (NASDAQ:GT) is among the leading tire manufacturers, and related services providers, in the world. As planned, Goodyear's Cooper Tire acquisition is well underway, and it is providing benefits and synergies that

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I am an individual investor with over 30 years experience trading stocks and ETF's. I have researched stocks in a wide range of areas such as telecoms, REIT's, manufacturing, and energy to name a few. I expect to supplement my retirement with income derived from stock trading and dividends. My current focus is steady dividend income balanced with high growth opportunities. Anything I write may be considered a first step toward due diligence but it is my personal opinion only. I strongly recommend consulting an experienced, registered and qualified investment advisor before making all investment decisions.

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