The short term investing stock picks blog

BUY: Titan International, Inc. (NYSE: TWI) $27.25 (4/9/07)

Sell price: $28.61 or
Sell date: May 9, 2007
Stop loss: $25.75 (-5.5%)

EMA very bullish
Fibonacci bullish
Stochastic analysis very bullish
Uptrend that is increasing in strength (BBW)

Profile: Titan International, Inc. and its subsidiaries (Titan) is a manufacturer of wheels, tires and assemblies for off-highway vehicles used in the agricultural, earthmoving/construction and consumer markets. Titan’s earthmoving/construction market also includes products supplied to the United States government, while the consumer market includes products for all-terrain vehicles (ATVs) and recreational/utility trailer applications. Titan manufactures both wheels and tires for the majority of these market applications. During the year ended December 31, 2006, Titan’s agricultural market sales represented 62% of net sales, the earthmoving/construction market represented 27% and the consumer market represented 11% of net sales. The Company’s customers include AGCO Corporation, Caterpillar Inc., CNH Global N.V., Deere & Company and Kubota Corporation. On July 31, 2006, Titan acquired the off-the-road (OTR) tire assets of Continental Tire North America, Inc.

This entry was posted on Monday, April 9th, 2007 at 9:10 am and is filed under Buys. You can subscribe via RSS 2.0 feed to this post's comments. Both comments and pings are currently closed.