Visteon Corporation (VC)

[jay1000]

Lots of INSIDER & INSTITUTIONAL BUYING....

Article:
12 Undervalued Stocks With Significant Levels of Insider Buying June 27, 2011

"..... Visteon Corp. (VC): Auto Parts Industry. Market cap of $3.34B. Price/cash ratio at 4.01.
Net insider purchases over the last 6 months at 1,770,350 shares, equal to 4.48% of the company's 39.52M share float.
The stock has gained 5.29% over the last year...."

http://seekingalpha.com/article/276856-12-undervalued-stocks-with-significant-levels-of-insider-buying?source=yahoo


And ...Another interesting article on Fund Managers buying VISTEON
Tremblant Capital's Significant Holdings

"......Consumer cyclical sector: Buy: Visteon Corp. (VC). Tremblant added $80 million to its $40 million prior quarter position in the sector, including adding a new $69 million position in Visteon Corp., a manufacturer of climate control systems, cockpit modules, and chassis products to automotive OEMs. VC came out of bankruptcy late last year and currently trades at a forward 12 P/E. The company’s revenue is projected to rise almost 10% and earnings are expected to shoot up 74% to $5.17 in the fiscal year ending December 2012. It has been beating analyst estimates in recent quarters by wide margins, and of the four analysts covering the stock, three rate it a buy and one a hold. Analyst price targets for VC stock are in the mid-$80s, a significant upside from the current $63 price.
It seems that VC’s bankruptcy is history now, as it is now much leaner after having closed about 50 plants. Also, it is not as concentrated on Ford Motor (F) as it once was, as F now accounts for only 25% of its business, thereby removing that risk. Furthermore, if the global recovery takes hold, then the auto industry should fare very well, making VC an attractive buy at current levels. ......"

http://seekingalpha.com/article/276969-tremblant-capital-s-significant-holdings?source=yahoo