Sector Monday for Sector Monday Week: The U.S. auto industry turned upside down
Sector Monday is my regular (or occasionally regular) post on the investible trends in a timely sector. I’m filling the first of the two weeks while I’m on break in Sicily (it’s nasty work but some has to do it) with a week of Sector Monday posts....Update Johnson Controls (JCI)
Let me use Johnson Controls (JCI), which reported quarterly earnings on January 20, as another concrete example of how to think your way through what to do about individual stocks when the U.S. market seems to be looking for a 5% pullback and overseas markets have the...Is China's auto market about to slam on the brakes?
Looks like we’re headed to a car wreck in China—or at least something more seriouis than a fender bender. On one side, speeding toward the intersection, is soaring demand for cars in China. Total vehicle sales (autos, trucks, busses) rose by 32% in 2010 to 18.06...Really want to leverage the recovery of the auto industry? Try these 5 stocks of auto suppliers
U.S. automakers are back, baby. And so are their stocks. December vehicle sales in the U.S. climbed to a 12.5 million unit annual rate. That’s without help from “Cash for clunkers” or any other government subsidy program. And with relatively restrained incentives from...Auto sales support view U.S. economy is recovering
Look, Ma, no smoke and mirrors. Or not much anyway. That’s the best thing about the 11% growth in sales reported by automakers in the United States for December 2010 from December 2009. The seasonally adjusted annualized sales rate of 12.5 million didn’t depend on a...Auto sales stagnate in September
Be careful what you compare things to. If you compare U.S. auto sales in September 2010 to the horrendous sales of September 2009, the industry looks like it’s roaring ahead. If you compare sales for September 2010 to those from a recovering August, the industry is...Update Johnson Controls (JCI)
Forget about the penny miss in quarterly earnings. Put a failure to increase guidance for the full year on the back burner. Wall Street seems to be nervous about the long-term direction of Johnson Controls (JCI). At a time when exposure to China is a worry rather than...Can China's auto market save GM? Do pigs fly?
So what do you do if you’re a car maker with a home market that’s not buying as many cars as it used to? If you’re General Motors (GM), you invest as fast as you can in making and selling cars in China. Great plan. So great that Toyota (TM), and Nissan, and Volkswagen...What GM's ads don't say: Taxpayers will take a loss on this bailout
So what about the rest of our money? Today General Motors is running ads patting itself on the back for repaying its taxpayer loans. “We’re proud to announce: We’ve repaid our government loan. In full. With interest. Five years ahead of the original schedule.”...Update Johnson Controls (JCI)
Before the stock market opened in New York on Friday, April 23, Johnson Controls (JCI) announced earnings of 43 cents a share (excluding one-time items.) That was four cents a share above Wall Street estimates for the company’s second quarter of fiscal 2010. Including...February auto sales disappoint but no reason for panic
You can come up with lots of reasons why investors shouldn’t panic at the slide in February U.S. auto sales to a seasonally adjusted annual rate of 10.4 million. That was down from the seasonally adjusted 10.8 million sales rate in January 2010 although up from the...For after the correction, think industrial stocks: Market history says this is their time
Are you in the right sectors of the stock market for this point in the economic recovery? (Yes, despite the stock market correction, we are still in an economic recovery.) Solid data stretching back to 1945 argues that certain industries and sectors outperform during...Update Johnson Controls (JCI)
Sure, Johnson Controls (JCI) beat Wall Street estimates by a huge 14 cents a share when it announced first quarter fiscal 2010 earnings before the stock market opened on January 22. But the big news, the news that had the stock up 4.5% for the day as of 2:30 in New...Ford's dilemma: It has to sell more cars in places like India to survive but can it make a profit there?
Good luck with that, Ford. Ford Motor (F) CEO Alan Mulally has signaled that the company will go hard after customers in the world’s developing economies with its new platforms for small and mid-sized cars. A new car built on the re-launched Fiesta platform and...The U.S. is now only the second biggest auto market in the world
China is now the biggest auto market in the world. In 2009 sales of passenger cars, buses, and trucks grew by 49% to a total of 13.6 million units. With U.S. sales falling 21% in 2009 to 10.4 million that pushed the United States to No. 2. Three things you should know...Could the auto industry actually be on the mend? October's numbers say Yes.
U.S. auto sales ran at an annualized rate of 10.5 million in October. That may not impress you if you remember that annual U.S.auto sales ran at 16 million units for nine straight years ending in 2007. That string came to an end in 2008 when auto sales ran at a 13.2...Update Johnson Controls (JCI)
You certainly can’t say that Johnson Controls (JCI) has turned the corner. But it does look like the corner is in sight. Before the market opened on October 27 Johnson Controls reported earnings of 52 cents a share for the company’s fiscal fourth quarter of 2009. That...Update Johnson Controls (JCI)
I’m actually surprised (and maybe a little disappointed since I’m still building my position in these shares) that Johnson Controls (JCI) fell only 2.4% after issuing disappointing guidance on October 13. The company told Wall Street analysts that it will...Update Maxwell Technologies (MXWL)
I’m going to keep Maxwell Technologies (MXWL) in my Jubak’s Picks portfolio. Just when the stock hit my $18 target price (a little early since that was the target for March 2010), the company announced a huge win in the automotive market. So I’m raising my target...Buy Johnson Controls (JCI)
The long-term future for Johnson Controls (JCI) is in batteries for hybrid and electric cars, and systems for building-wide energy efficiency. Not that the near-term future is so bad. What with the recovery, slow though it might be, in the global auto industry....Batteries, yep good old batteries, are the technology of tomorrow. Here's how to invest
It’s 1967. In “The Graduate” the experienced Mr. McGuire leans over to whisper advice to the very inexperienced Benjamin. (Played by a very young Dustin Hoffman.) “I want to say one word to you. Just one word.” “Yes, sir,” replies the ever polite Benjamin. “Are you...Exactly how much time do Ford and GM have for a comeback? Two model years at most, I'm afraid
Now it’s a horse, errgh, car race. The prize, market share in the U.S. car market, will go to the company that can get new models out the door and into showrooms fastest. That, and not the fate of low volume $40,000 bragging rights cars like the all-electric Chevy...Jim’s Daily Email Alerts:
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