Winning Stock Forecast: DAN And VAC Returns Up to 30.59% and 22.96% in 14 Days.
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