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AXL - Standard Motor Products: The Ride Isn't Over
American Axle & Manufacturing Holdings Inc.
2025-06-26 03:52:09 ET
Things have been going really well for Standard Motor Products ( SMP ) as of late. Back in March of this year, I wrote a bullish article about the company, declaring that the dip that shares had experienced represented a good buying opportunity for those who are optimistic about the company and its prospects. Since then, shares have risen nicely, skyrocketing 17.3% at a time when the S&P 500 is up 4.4%. This is certainly encouraging to see. But the big question is whether the firm still represents a 'buy' prospect for investors....