Thursday, December 6, 2012
Chart of the Day - TRW Automotive (TRW)
The "Chart of the Day" is TRW Automotive (TRW), which showed up on
Tuesday's Barchart "52-Week High" list. TRW on Tuesday posted a new
14-month high of $51.47 and closed +1.62%. TrendSpotter has been long
since Nov 5 at $49.28. In recent news on the stock, TRW on Oct 30
reported Q3 adjusted EPS of $1.28, well above the consensus of $1.17.
TRW gapped higher on Oct 1 when the company announced a $1 billion share
repurchase program. TRW Automotive, with a market cap of $6 billion, is
an automotive supplier. Its products include integrated vehicle control
and driver assist systems, braking systems, steering systems,
suspension systems, occupant safety systems (seat belts and airbags),
electronics, engine components, fastening systems and aftermarket
replacement parts and services.
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