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Fly News Breaks for January 19, 2016
DLPH, MGA, GNTX
Jan 19, 2016 | 08:22 EDT
After attending the Detroit Auto Show, KeyBanc believes that auto supplier stocks are "discounting overly bearish scenarios." The firm recommends that investors use weakness in the group "opportunistically." The firm says that Gentex (GNTX) and Magna (MGA) have the most attractive valuations in the group, while Delphi (DLPH) and Lear (LEA) have the best chance to beat guidance. It keeps Overweight ratings on all four stocks.