TRW Automotive Holdings (TRW) is well positioned to take advantage of an industry rebound, given its advanced technology portfolio, leading diversification and improved cost structure.
The company’s innovative product portfolio is capable of generating top- and bottom-line growth. It has been successful in its restructuring and cost containment actions to mitigate the impact of the industry-wide downturn as reflected in the better than expected second-quarter results.
As such, we are maintaining our long-term Outperform recommendation for the stock.Zacks Investment Research