NewroadTrader

Buy $TEN - NRPicks 23 Abr

Long
NYSE:TEN   None
Tenneco Inc. is a company that designs, manufactures, and sells clean air, powertrain, commercial truck, off-road, industrial and aftermarket performance products and systems worldwide. The company operates through the clean air, powertrain, driving performance and auto parts segments.

The auto parts business is a recession resistant business, for example, this stock of discount auto parts is growing at an annualized rate of 196%.

$ TEN is a volatile company, which presents strong reactions to its earnings reports, the next delivery of results will be on May 6 and has generated high expectations.

2020
- Revenue 15B
- EBITDA 871M
- CASH 798M
- TOTAL DEBT 5.6B
- P / S 0.06
Trade closed: target reached:
10 May

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