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Stock impact report

Goodyear seen as a winner in Trump's tariff war, Deutsche Bank says [BNN Bloomberg (Canada)]

AutoZone, Inc. (AZO) 
Last autozone, inc. earnings: 3/3 06:55 am Check Earnings Report
US:NYSE Investor Relations: investors.autozone.com/investor-overview
Company Research Source: BNN Bloomberg
“Any negative impact on new vehicle sales should be tempered by a significantly higher mix of better margin, replacement tires,” writes analyst Edison Yu, who resumed coverage on Goodyear in December. “All in, there remain risks on execution, but we believe the company is well situated operationally to outperform with current valuation at trough levels.” Shares rose 5.1 per cent on Monday but are down more than 30 per cent from a peak hit almost a year ago. Peers AutoZone Inc. and O'Reilly Automotive Inc. also ended the day higher. The bullishness comes after Goodyear's steady progress in its cost cutting program, with Deutsche Bank noting that the company has also closed the sale of its off-the-road tire business, announced the sale of its Read more
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