Dana Incorporated (NYSE: DAN)
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Dana Incorporated announced preliminary 2018 financial results and guidance for 2019. Growth of 13% in sales and 15% in adjusted EBITDA, compared with 2017, due to strong end-market demand, conversion of sales backlog and acquisition synergies. The completion of the acquisition of the Drive Systems Segment of the Oerlikon Group (ODS), expected to close by the end of February of 2019 and the acquisition of SME Group is a good reason to stay long. The company’s electrified product portfolio will expand and will be strengthened by Drive System of Oerlikon group, enabling DAN to provide products for a broad range of hybrid and electric-vehicle configurations.
DAN expectations for 2019 are to increase their sales in the range of 1.4% to 5.0%, including ODS they expect growth in sales in the range of 10.0% to 14.9%. Regarding the adjusted EBITDA they expect growth of 3.9% to 10.2%, and including ODS the growth would be in the range of 13.4% to 21.7%. Based on the expectations for this year, the acquisition of ODS could increase their results significantly.
Marriott Vacations Worldwide Corporation (NYSE: VAC)
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In the Hotels sector Marriott Vacations Worldwide (VAC) is becoming an attractive stock. In the past quarters the earnings where according to the estimations, so it’s becoming more predictable. For the next quarter there is a wide range in the estimations, but the bearish sentiment is very low.
P/B ratio for VAC is 1.17, so the stock’s market value is similar to the book value, therefore is a well valuated stock with positive expectations among the investors.
The chart below shows the algorithmic forecast made on these stocks one month ago and the results of the forecast. As seen DAN and VAC where both included in the top ten stocks.
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About
Dana Incorporated, formerly Dana Holding Corporation, incorporated on December 7, 2007, is a global provider of technology driveline, sealing and thermal-management products. The Company offers its products to vehicle manufacturers in the global light vehicle, medium/heavy vehicle and off-highway markets. The Company operates in four segments: Light Vehicle Driveline Technologies (Light Vehicle), Commercial Vehicle Driveline Technologies (Commercial Vehicle), Off-Highway Driveline Technologies (Off-Highway) and Power Technologies. It has operations in North America, South America, Europe and Asia pacific.
Marriott Vacations Worldwide Corporation, incorporated on June 21, 2011, focuses entirely on vacation ownership, based on number of owners, number of resorts and revenues. The Company is a worldwide developer, marketer, seller and manager of vacation ownership and related products under the Marriott Vacation Club and Grand Residences by Marriott brands. The Company operates through three segments, including North America, Europe and Asia Pacific. In the North America segment, it develops, markets, sells and manages vacation ownership and related products under the Marriott Vacation Club and Grand Residences by Marriott brands. It also develops, markets and sells vacation ownership and related products under The Ritz-Carlton Destination Club brand, as well as whole ownership residential products under The Ritz-Carlton Residences brand. Its Europe segment is engaged in selling its existing projects and managing existing resorts. Its Asia Pacific segment, it develops, markets, sells and manages two points-based programs that it designed to appeal to the vacation preferences of the market, Marriott Vacation Club, Asia Pacific and Marriott Vacation Club Destinations, Australia, as well as a weeks-based right-to-use product. Its business focuses on selling vacation ownership products; managing its resorts; financing consumer purchases of vacation ownership products, and renting vacation ownership inventory.
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Before making any trading decisions, consult the latest forecast as the algorithm updates predictions daily. You can use the algorithm for intra-day trading. The predictability tends to become stronger with forecasts over longer time-horizons such as the 1-month, 3-month and 1-year forecasts.