Article Synopsis
The main purpose of this article is to breakdown why Goodyear (GT) probably isn't a very good investment for long term investors right now, even though it may seem cheap and probably is cheap in terms of past valuation metrics. Goodyear stock should rebound as the market and economy recover, but there are still too many issues structurally with this company to be a good long term investment.
(Source: i-5dodge.com)
Company and Market Profile:
Goodyear manufactures tires for both OEM manufacturers and replacement tires for retail consumers. Over 70% of