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Recommendation Date : 21-Jun-2010 Last Update Date : NA
Fasteners :
A major chunk of business for these companies comes from the auto industry. With the auto industry doing extremely well demand is likely to be very high for their products. In fact the demand surge for automobiles has set manufacturers worried about supply constraints on the components side. Another important factor that supports players in this sector, is their diversification into the non-auto businesses. We classify companies in this segment as medium-risk medium-return companies.
 
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