EXPLAINED: Ituran location and control ltd org - The Real Truth

Despite the macroeconomic bumps, the automotive sector has been accelerating at a steady pace. Therefore, it could be beneficial to add some A-rated auto stocks Continental Aktiengesellschaft (CTTAY), Mazda Motor Corp. (MZDAY), and Ituran Location and Control (ITRN) to help diversify your portfolio. Read on….

The auto industry is set for solid growth due to strong consumer demand, robust consumer spending, growth in auto parts sales, the transition to electric vehicles, and growing usage of innovative auto components. Therefore, investors could consider buying fundamentally strong auto stocks: Stellantis (STLA), Mercedes-Benz Group (MBGAF), and Ituran Location…

Fundamentally sound stable stocks such as Stantec (STN), ComfortDelGro Corporation (CDGLY), and Ituran Location and Control (ITRN), which offer steady returns, could help you stay afloat amid the persisting market volatility. Hence, these stocks could be ideal buy-and-hold options. Read on….

Although the auto industry faced a slump in sales in 2022, demand for new vehicles is expected to reach pre-pandemic levels this year. Moreover, the growing demand for new technologies in the auto industry is leading to increased demand for auto parts. Amid this backdrop, it could be wise for…

Rapid technological advancement and the increasing shift toward electric vehicles have fostered strong demand for automotive parts. Since the market for automotive components is expected to remain elevated with subdued auto production, buying the dip in the quality auto-parts stocks Allison Transmission Holdings (ALSN), Ituran Location and Control (ITRN), and…