If you are wondering whether American Axle & Manufacturing Holdings at US$8.28 is a bargain or already pricing in its prospects, you are in the right place to size up its current valuation.
The stock has recently shown strong momentum, with returns of 7.5% over the last week, 28.2% over the last month, 27.6% year to date, and 41.3% over the past year, while the 3 and 5 year returns are negative at 2.6% and 6.0% respectively.
These mixed longer term and shorter term results mean recent news and expectations around the auto sector and suppliers are important context for the current share price, especially as investors reassess risk and potential reward. This article was triggered to provide evergreen coverage, so the focus will stay on…
