Lear: Impressive Guidance Thanks To Electric Cars, And Undervalued

Mar. 21, 2023 4:38 AM ETLear Corporation (LEA) StockLEA

Summary

  • Lear Corporation is a global provider of automotive parts and technologies, primarily for developments in seating comfort in service of user experience.
  • Considering the total number of key 2023 product launches, I believe that researching Lear right now is a great idea.
  • Backlog increases and guidance for 2023 appear to be great reasons for having a look at the future of Lear.
Electric vehicle charging

piranka

Lear Corporation (NYSE:LEA) recently delivered impressive beneficial expectations about backlog increases and guidance for 2023, 2024, and 2025 driven by new product launches. In my view, the exposure to the electrification of cars all over the world, contracts with large clients, and international revenue will

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I am an M&A investment advisor with 10+ years of experience. I used to work for a big institution. I like M&A deals, value investing, and emerging markets. If you see an error please contact: wangluxem@financier.comQuingshan Capital Management provides articles for informational purposes only. I only give my opinion. You should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained on my articles constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of LEA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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