Opinions
Gordon Reid
Titan International
TWI-N
PAST TOP PICK
Apr 11, 2013
$21.150
Stock price when the opinion was issued
Consumer Products
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
You might be interested:
BUY
Had a couple of problems including labour issues and an inventory build in some of their tire stock. Long-term this company has a great opportunity. They do tires and wheel assemblies for off-road machinery. Farm machinery is a big growth area. Well managed and inexpensive at about 10X earnings.
Consumer Products
Advertising
(A Top Pick April 18/12. Down 11.83%.) Manufactures steel rims, tires and wheel assemblies for off-road machinery including farm and recreational. Had a disappointing quarterly earnings report on the back of some labour disruptions. Have now signed a new 4-year collective agreement. Undervalued. Feels it has earnings power of $2.50-$3 in the next year or 2.