Auto makers and/or Auto parts stocks

[benjamen]

(02-06-2015, 12:51 PM)earthtodan Wrote: I was just looking at MGA, which is a Canada based auto parts supplier with broad OE exposure. Valuation is super cheap even though the 5 year returns have been huge. I had no particular interest in investing in the auto industry but this one has got my attention.

Nice find, currently P/E of 12, dividend yield of only 1.53, but a small payout ratio (1.52/8.3) = 18.3%