We have four longterm investments that we have taken up thus far: Trina Solar (TSL), China Automotive Systems (CAAS), Nordstrom (JWN), and Green Mountain Coffee Roasters (GMCR). I have a new position that I would like to add to the list today. Once again, we are moving into the auto parts sector for today’s long term investment, but we are looking at an established American auto parts maker that has some great opportunity moving forward.
Long Term Investment: Johnson Controls Inc.
Analysis: IN PROGRESS
Entry: We are looking to enter at 27.35 – 27.60
Target Price: Our target entry is at 45 – 46.
Good Investing,
David Ristau
