China Automotive Systems is Among the Companies in the Auto Parts & Equipment Industry With the Highest Earnings Yield (CAAS, DAN, MPG, AXL, MGA)
Below are the three companies in the Auto Parts & Equipment industry with the highest earnings yields. Earnings yield is useful to compare the relative benefit of owning a stock vs. owning other yield assets such as bonds. If the earnings yield is higher, stocks may be considered undervalued.
China Automotive Systems ranks highest with a an earnings yield of 20.8%. Dana is next with a an earnings yield of 20.2%. Maguire Properties ranks third highest with a an earnings yield of 16.6%.
American Axle & Manufacturing follows with a an earnings yield of 15.7%, and Magna International rounds out the top five with a an earnings yield of 11.3%.
SmarTrend recommended that subscribers consider buying shares of Magna International on July 14th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $37.61. Since that recommendation, shares of Magna International have risen 7.1%. We continue to monitor Magna International for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest earnings yield china automotive systems dana maguire properties American Axle & Manufacturing Magna International