Will Automotive Stocks Johnson Controls Inc.(NYSE:JCI), Tesla Motors Inc(NASDAQ:TSLA), and Dana Holding Corporation(NYSE:DAN) Change Their Current Trajectories?

Posted by Saimoon October 14, 2014 0 Comment 1271 views


New York, NY – GDP INSIDER  –  10/14/2014.

This article discusses three automotive stocks: Johnson Controls Inc.(NYSE:JCI), Tesla Motors Inc(NASDAQ:TSLA), and Dana Holding Corporation(NYSE:DAN)

Johnson Controls Inc(NYSE:JCI) traded for as little as $40.16, a new 52 week low for the company. That mark also represents a new three month closing price low for the Wisconsin-based auto parts company that closed for as much as $51.41 on Jul. 14th, 2014. Not only that, but Johnson Controls was also downgraded by RBC Capital Markets yesterday, as the company was dropped from “Top Pick” to “Outperform”. The company also recently fired a consulting firm after one of the company’s psychologist’s had an affair with Johnson Controls CEO Alex Molinaroli.

Is Johnson Controls Poised To Spiral Down Even Further? View Our Free JCI Analysis.

On Oct. 13th, Credit Suisse lowered the earnings per share target for Tesla Motors Inc(NASDAQ:TSLA). The financial services lowered its estimate from $0.96 per share to $0.86 per share. Overall, the company’s market capitalization has fallen by around $3 billion over the past two trading days. Nevertheless, the company continues to announce innovative products that have the potential to succeed in a consumer market that desires electric cars, including a 691 horsepower electric super-sedan.

Will Tesla Motors Recover? Receive A Free TSLA Analysis.

Dana Holding Corporation(NYSE:DAN) also reached a new 52 week low of $17.18 during yesterday’s trading. Not only that, but the company also has a bid price of $17.14 x 200 and an offer price of $24.68 x 600. These figures suggest that Dana Holding’s value may be susceptible to future fluctuations. The Ohio-based company manufactures and sells thermal-management, sealing, and driveline products to vehicle manufacturers. The company, like Johnson Controls, was also downgraded by RBC Capital Markets from “Outperform” to “Sector Perform”.

Should Dana Holding Corporation Make A Comeback? Take A Look At Our Free DAN Analysis.

About HotStockGains

HotStockGains.com provides investors and traders with trading strategies via text message and email. To obtain text message stock alerts service text the word BREAKOUT to 555888 from your cell phone.

Additionally, HotStockGains free newsletter provides market insight, tips, and trading strategies on NYSE, NASDAQ, OTCBB and PINK stocks.

Disclosure:  HotStockGains is not a registered investment adviser and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Always seek help from a professional financial advisor (I am not one). Please visit http://hotstockgains.com/disclaimer/ for complete risks and disclosures.


Write Your Comment