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Auto Stocks Thriving During Market Turmoil

The auto industry is booming owing to increasing light vehicle sales, the popularization of car rentals and EVs, the rise in used car sales, and technological advancements. Therefore, quality auto stocks such as Honda Motor (HMC), Gates Industrial Corporation (GTES), and Cars.com (CARS) could be solid buys. Read on.

StockNews.com · May 9, 2024

2 Auto Stocks Racing Ahead, 1 Worth Keeping an Eye On

The automotive industry is flourishing due to the surging demand for vehicles, further backed by rapid EV adoption globally and several technological developments. Thus, it could be wise to buy quality auto stocks Oshkosh (OSK) and Gates Industrial (GTES), while Renault (RNLSY) appears to be a better fit for your…

StockNews.com · Mar 19, 2024

Top 3 Auto Stocks With Accelerating Profits

The automotive industry is evolving rapidly, with innovations in electric vehicles, AI, and auto parts driving growth and enhancing efficiency. Hence, quality auto stocks PACCAR (PCAR), Gates Industrial (GTES), and Garrett Motion (GTX) might be ideal investments. Read more….

StockNews.com · Feb 28, 2024

Gates Industrial (GTES): Buy or Hold?

A likely recession later this year could impact the auto industry’s growth. Despite being closely related to the auto industry, auto parts companies are relatively unaffected by a recession. Therefore, buying fundamentally strong auto parts stock Gates Industrial (GTES) could be wise. Read more….

StockNews.com · May 15, 2023

4 ‘BUY NOW’ Auto Stocks Under $15

The demand for auto parts is expected to grow as auto sales are projected to return to pre-pandemic levels this year. In addition, the demand for new technologies is fuelling the growth of auto parts. Amid this backdrop, it could be wise for investors to buy fundamentally strong stocks Valeo…

StockNews.com · Apr 6, 2023

3 Auto Stocks Under $25 Rated ‘Strong Buy’ According to the POWR Ratings

Despite the macroeconomic concerns, new car sales in the United States are expected to increase in March due to pent-up demand. Therefore, investing in auto stocks, Gates Industrial (GTES), JTEKT (JTEKY), and Garrett Motion (GTX), could be a good idea. These stocks are currently trading under $25 and are Strong…

StockNews.com · Mar 30, 2023

Analyst Ratings for Gates Industrial Corp

Gates Industrial Corp (NYSE:GTES) has observed the following analyst ratings within the last quarter:

Benzinga · May 5, 2022

Gates Industrial Corp: Q1 Earnings Insights

  Gates Industrial Corp (NYSE:GTES) reported its Q1 earnings results on Wednesday, May 4, 2022 at 08:00 AM. Here's what investors need to know about the announcement.

Benzinga · May 4, 2022

Gates Industrial Stock Slips On Secondary Offering by Selling Stockholders

Gates Industrial Corp PLC (NYSE:GTES) announced a secondary offering of 5 million of Gates' ordinary shares, with certain selling stockholders affiliated with Blackstone Inc. Underwriter granted a 30-day option to purchase up to 750,000 additional ordinary shares. Gates is not offering any ordinary shares in the offering and will not receive any…

Benzinga · Mar 24, 2022

Analysts Cut Price Target For Gates Industrial Post Q4 Results

Analysts lowered the price target for Gates Industrial Corp PLC (NYSE:GTES) post Q4 results. Morgan Stanley analyst Joshua Pokrzywinski lowered the price target to $17 (an upside of 12%) from $18 and maintained an Equal-Weight rating on the shares. Keybanc analyst Jeffrey Hammond reduced the price target to $20 (an upside of 31.7%) from $22 and kept…

Benzinga · Feb 8, 2022