Monday, August 22, 2011

Prepare for A Crash - But they make great Auto Parts

Over the past since the beginning of this year Tenneco Automotive has hovered around $40-$45 per share. But the recent market conditions have sent the stock tumbling.

Now if you don't remember in April 2009, Tenneco (TEN) traded for $0.67 a share. The company could have made you rich (if you didn't sell at $2 a share celebrating 200% returns.

Now times are not the same today as they were back in 2009. But Tenneco is starting to stumble - I'm not yelling buying and I haven't done enough research, but I do suggest adding this one to your watch list for the next few weeks.

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