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Showing posts with label american axle - axl. Show all posts
Showing posts with label american axle - axl. Show all posts

Friday, September 11, 2009

American Axle AXL Stock Upgraded - Barclays

September 11, 2009 - Shares of American Axle & Manufacturing Holdings Inc. (AXL) are surging in pre market to $7.31 Up 15%. The company is receiving a huge upgrade out of Barclays this morning.


Price Target = $13


Looking at the chart, American Axle & Manufacturing Holdings Inc. (AXL) will have support at $7.11 which was the previous high and resistance at $8.32 from September 2008. A close above $8.32 would be huge!

Discuss AXL

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Thursday, March 19, 2009

Auto Supplier Stocks 3/19/09 March 19, 2009

The Auto Supplier stocks are exploding higher today as the Treasury is going to supply 5 Billion in Aid to the Auto Suppliers through the Auto Makers - General Motors ( GM ) and Chrysler. It looks like this is coming out of TALF. I think the US Dollar is going to pay the price for all this spending. Also, massive inflation will be the next problem....look at what Gold did since yesterday....up $65! Below is a list of the some of the Auto Supplier Stocks moving higher on this news.

Auto Supplier Stocks - March 19, 2009


Tenneco ( TEN ) - $3.00 Up 48%

American Axle ( AXL ) - $2.44 Up 57%

Lear ( LEA ) - $1.45 Up 101%

Magna ( MGA ) - $26.18 Up 4.80%

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