This stock popped up on a scan I did.
Meritor, Inc. is a supplier of a range of integrated systems, modules and components to original equipment manufacturers (OEMs) and the aftermarket for the commercial vehicle, transportation and industrial sectors. The Company's segments include Commercial Truck & Industrial and Aftermarket & Trailer. The Commercial Truck & Industrial segment supplies drivetrain systems and components, including axles, drivelines and braking and suspension systems, for medium- and heavy-duty trucks, off-highway, military, construction, bus and coach, fire and emergency and other applications in North America, South America, Europe and Asia Pacific.
Trucks, Trucks, Trucks...Should I say Trucks again..? IT'S A HUGE INDUSTRY and VERY PROFITABLE and Meritor is in it.!!
Earnings check, recently, the company BLEW by estimates and raised guidance.
I am buying this stock due to the fact that it is extremely undervalued at current levels.
POSITION: 20,000 SHARES
PRICE: $21.53
Meritor, Inc. is a supplier of a range of integrated systems, modules and components to original equipment manufacturers (OEMs) and the aftermarket for the commercial vehicle, transportation and industrial sectors. The Company's segments include Commercial Truck & Industrial and Aftermarket & Trailer. The Commercial Truck & Industrial segment supplies drivetrain systems and components, including axles, drivelines and braking and suspension systems, for medium- and heavy-duty trucks, off-highway, military, construction, bus and coach, fire and emergency and other applications in North America, South America, Europe and Asia Pacific.
Trucks, Trucks, Trucks...Should I say Trucks again..? IT'S A HUGE INDUSTRY and VERY PROFITABLE and Meritor is in it.!!
Earnings check, recently, the company BLEW by estimates and raised guidance.
I am buying this stock due to the fact that it is extremely undervalued at current levels.
POSITION: 20,000 SHARES
PRICE: $21.53
Trade closed: target reached:
OUT @ $22.25
TIME IS MONEY
PROFIT: $26,400
TIME IS MONEY
PROFIT: $26,400
Trade closed manually:
OUT @ $22.25
TIME IS MONEY
PROFIT: $26,400
TIME IS MONEY
PROFIT: $26,400