ALV - Autoliv: Shares Still Have Fuel To Drive Higher
2024-05-13 04:46:34 ET
Summary
- Autoliv, a producer of passive safety systems, has exceeded expectations with a 79% rise in shares, outperforming the S&P 500.
- ALV has seen growth in revenue and cash flows due to a recovery in light vehicle production.
- Despite such robust upside, shares are still attractive enough to warrant a bit more upside from here.
One of the greatest feelings when it comes to investing is looking back on a firm to see that it has not only met, but even exceeded, your own expectations. One great example of this that I could point to involves Autoliv ( ALV ), a producer of passive safety systems in the automotive space. Examples of offerings include modules and components for frontal impact airbag protection systems, side impact airbag protection systems, seat belts, steering wheels, and more....
Autoliv: Shares Still Have Fuel To Drive Higher