Wednesday, January 2, 2013

Chart of the Day - Standard Motor Parts

 In the past quarter SMP has posted new highs in 22 trading sessions and is up 18.40% for that period.  Analysts are high on the stock and look for increased revenue and earning in the coming year. SMP manufactures and distributes replacement parts for motor vehicles. They are now organized into two principal segments, each focused on a specific type of replacement part. The Engine Management Division consists primarily of ignition and emission parts, on-board computers, ignition wires, battery cables and fuel system parts. The Temperature Control Division consists primarily of air conditioning compressors, other air conditioning parts and heater parts.

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