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home / news releases / MGDDY - Favourable Mix And Input Deflation Bolster Michelin Until An Aftermarket Recovery


MGDDY - Favourable Mix And Input Deflation Bolster Michelin Until An Aftermarket Recovery

We think that within automotive, the only investments that can be justified from a risk management perspective due to the unknown length and depth of the pandemic are companies that produce for the aftermarket. We have already investigated Autoliv (ALV), whose sales we speculate might recover quickly if crashes keep happening at similar rates and severity as before, but we also like more straightforward companies like tire company Michelin (MGDDF). Michelin is exposed in equal part to Europe and North America, and to a lesser extent other regions, including Asia, so

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Stock Information

Company Name: Compagnie Generale des Etablissements Michelin ADR
Stock Symbol: MGDDY
Market: OTC

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