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Opinion on  BorgWarner Inc. (BWA)     Sector: Consumer Cyclical  >  Industry: Auto & Truck Parts
Bullish on BWA ...

Dec 08, 2008 02:32 AM GMT
Return Risk
-5.77% HIGH
Associate

A buy on BWA make sense here because we have a high probability that the auto bailout will be approved. While it is unsure whether the bailout with wipeout shareholder value for GM and Ford...it definitely give the auto part makers a huge boost in the short term.


BWA:  This call was made on 12/08/08 @ $23.27
Rating:   Positive   $23.27 (12/08/08)
Closed:   01/27/2009 @ $17.37 (-25.35% in 49 days)


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