We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Meritor's ProTec Solutions Available for Tactical Vehicles
Read MoreHide Full Article
Meritor, Inc. has announced that an expanded line of ProTec solutions is available, which can be used for light, medium, and heavy tactical vehicles and armored personnel carriers. The solutions are majorly used in military fleets.
Per management, the newly expanded portfolio, created on the basis of explicit requirements, can be used by defense contractors, law enforcement agency contractors and third parties. Further, the weight-efficient product line offers solution for any tactical or armored wheeled vehicle, thus, meeting the demand for specification requirements.
Moreover, along with Meritor’s drivelines and transfer cases, based on ProTec High Mobility Independent Suspensions (HMIS) and beam axles, one can customize a complete drivetrain solution for their application. Otherwise, customers can select from individual ProTec axle and suspension components.
The weight-efficient HMIS is designed for applications that require gross axle weight ratings (GAWR) of 9,000-29,000 pounds. Further, ProTec’s all-wheel drive beam axles offer payload capability and ground clearance for challenging environments in exchange of 8,000-29,000 pounds.
Over the past 50 years, Meritor’s HMIS platforms and axles are used for the U.S. Army's fleet of 2.5 and 5-ton vehicles, along with modern FMTV and MRAP vehicles.
Price Performance
In the past six months, Meritor’s stock has lost 3.1%, outperforming 15% decrease recorded by the industry it belongs to.
Zacks Rank & Key Picks
Meritor currently carries a Zacks Rank #3 (Hold). A few better-ranked stocks in the Auto space are AutoZone, Inc. (AZO - Free Report) , Navistar International Corporation and Advance Auto Parts, Inc. (AAP - Free Report) . AutoZone and Navistar carry a Zacks Rank #2 (Buy), while Advance Auto Parts sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
AutoZone has an expected long-term growth rate of 12.2%. Over the past six months, shares of the company have gained 27.8%.
Navistar has an expected long-term growth rate of 5%. Shares of the company have increased 5.8% over the past six months.
Advance Auto Parts has an expected long-term growth rate of 12.3%. Shares of the company have rallied 50.1% over the past six months.
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
Image: Bigstock
Meritor's ProTec Solutions Available for Tactical Vehicles
Meritor, Inc. has announced that an expanded line of ProTec solutions is available, which can be used for light, medium, and heavy tactical vehicles and armored personnel carriers. The solutions are majorly used in military fleets.
Per management, the newly expanded portfolio, created on the basis of explicit requirements, can be used by defense contractors, law enforcement agency contractors and third parties. Further, the weight-efficient product line offers solution for any tactical or armored wheeled vehicle, thus, meeting the demand for specification requirements.
Moreover, along with Meritor’s drivelines and transfer cases, based on ProTec High Mobility Independent Suspensions (HMIS) and beam axles, one can customize a complete drivetrain solution for their application. Otherwise, customers can select from individual ProTec axle and suspension components.
Meritor, Inc. Price and Consensus
Meritor, Inc. Price and Consensus | Meritor, Inc. Quote
The weight-efficient HMIS is designed for applications that require gross axle weight ratings (GAWR) of 9,000-29,000 pounds. Further, ProTec’s all-wheel drive beam axles offer payload capability and ground clearance for challenging environments in exchange of 8,000-29,000 pounds.
Over the past 50 years, Meritor’s HMIS platforms and axles are used for the U.S. Army's fleet of 2.5 and 5-ton vehicles, along with modern FMTV and MRAP vehicles.
Price Performance
In the past six months, Meritor’s stock has lost 3.1%, outperforming 15% decrease recorded by the industry it belongs to.
Zacks Rank & Key Picks
Meritor currently carries a Zacks Rank #3 (Hold). A few better-ranked stocks in the Auto space are AutoZone, Inc. (AZO - Free Report) , Navistar International Corporation and Advance Auto Parts, Inc. (AAP - Free Report) . AutoZone and Navistar carry a Zacks Rank #2 (Buy), while Advance Auto Parts sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
AutoZone has an expected long-term growth rate of 12.2%. Over the past six months, shares of the company have gained 27.8%.
Navistar has an expected long-term growth rate of 5%. Shares of the company have increased 5.8% over the past six months.
Advance Auto Parts has an expected long-term growth rate of 12.3%. Shares of the company have rallied 50.1% over the past six months.
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
See Them Free>>