StockPreacher.com issues Trading Outlook for American Axle & Manufacturing Holdings Inc.
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  • StockPreacher.com issues Trading Outlook for American Axle & Manufacturing Holdings Inc.

    (EMAILWIRE.COM, September 18, 2009 ) DALLAS, Texas - StockPreacher.com announces an investment report featuring auto parts maker American Axle & Manufacturing Holdings Inc. (NYSE: AXL).

    The investment report on American Axle & Manufacturing Holdings Inc. (NYSE: AXL) should be of particular interest to other automotive industry suppliers: ArvinMeritor Inc. (NYSE: ARM), Dana Holding Corp. (NYSE: DAN), WABCO Holdings Inc. (NYSE:WBC) and TRW Automotive Holdings Corp. (NYSE: TRW).

    The full report is available at: http://www.stockpreacher.com/n/AXL

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    American Axle & Manufacturing Holdings Inc. (AXL) engages in the design, engineering, testing, validation and manufacturing of driveline, drivetrain and chassis systems, related components, and metal formed products for light trucks and buses, sport utility vehicles, crossover vehicles and passenger cars. AXL has established a foothold in the global driveline market, serving more than 100 customers on five continents. In North America, the Company is the principal supplier of driveline components to General Motors Corp. (GM) for its rear-wheel drive (RWD) light trucks and SUVs manufactured.

    Message Board Search for AXL: http://www.boardcentral.com/boards/AXL
    In the report, the analyst notes:

    “On September 11, Barclays analyst Brian Johnson upped AXL shares to "Overweight" from "Equal Weight," According to the analyst's report, the Company's debt deal with its lenders and GM's cash infusion have helped ease concerns over the Company's liquidity. Johnson also wrote that AXL is poised to benefit from resurgence in demand for full-size pickups, for which it produces components. AXL's price target was also raised to $13 from $8.


    “In its recent regulatory filing, AXL announced it has been granted a waiver extension on its revolving-credit facility for time, which expired Thursday, September 17. According to the Company, the previous waiver expired as " it continues to work with key stakeholders on various commercial agreements and financing arrangements that would result in a comprehensive long-term solution outside of bankruptcy.” Through these waivers, AXL is given time to renegotiate its loans and avoid a bankruptcy filing.”

    To read the entire report visit: http://www.stockpreacher.com/n/AXL
    StockPreacher.com is a small-cap research and investment commentary provider. StockPreacher.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on StockPreacher, please visit: http://www.stockpreacher.com

    StockPreacher.com Disclosure

    StockPreacher.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. StockPreacher.com is a Web site wholly-owned by BlueWave Advisors, LLC. Please read our report and visit our Web site, StockPreacher.com, for complete risks and disclosures.


    StockPreacher
    Jeff Bishop
    (469)-252-3505
    press@beaconequity.com

    Source: EmailWire.com

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