ARM Holdings Plc (ARM)

[Dino1717]

Many stocks at all time or ten year lows, if I liked it at 74 cents I love it here. Bought more at .56.

Auto supplier stocks attractive to buy - analyst
Tue Feb 17, 2009 (Reuters) - Investors betting on a broad economic recovery in the second half should turn to the battered auto suppliers whose stock prices have fallen to "attractive" levels, KeyBanc Capital Markets said on Tuesday.

Auto parts suppliers could see a trough in their share prices in the first half of 2009 as lower global auto production will likely drive quarterly earnings to their lowest levels in years, forcing many companies into bankruptcy, KeyBanc analyst Brett Hoselton said in a research note.

But stepped-up restructuring efforts and a likely stabilization in auto production levels should help earnings in the sector improve beginning in the second quarter, Hoselton said.

The note came as General Motors Corp (GM.N) and Chrysler LLC prepared to submit new survival plans to U.S. officials under the terms of the $17.4 billion government bailout.

Hoselton recommended Autoliv Inc (ALV.N), ArvinMeritor Inc (ARM.N) and Tenneco Inc (TEN.N) among other supplier stocks.

Shares of U.S. auto parts suppliers have slumped over the past year, with U.S. auto sales remaining at their lowest level in decades in the face of tight credit and weak consumer confidence.