Opinions
Steven Ko
Garrett Motion Inc.
GTX-N
COMMENT
Nov 30, 2018
This is one of two spin offs from Honeywell. This company is less than 1% of the market cap of Honeywell. It trades at less than 3 times earnings. One of the overhangs relates to asbestos in the brakes division. The low PE foretells doom. The company has top market share in auto turbo-chargers and that segment is growing.
$11.500
Stock price when the opinion was issued
0
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