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StockNews.com
StockNews.com
Business
Jay Soloff

Stock of the Week Under $10: American Axle & Manufacturing

With positive noise around a possible resolution of the automobile workers (UAW) strike, it isn’t a bad time to start looking at auto related names. I’m not as excited about the automakers themselves, as they are going to have higher costs related to labor moving forward. 

But, auto suppliers who were beaten down both in anticipation of the UAW strike and as the actual strike played out, like American Axle Manufacturing (AXL), are worth a closer look here.

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