Methode (MEI) & Gentherm (THRM): Aggressive Growth In Focus - Video Blog

Brian Bolan discusses two Zacks Rank #1 (Strong Buy) stocks that are suppliersto the automobile industry. There has been some consistent growth in the number of new car sales over the last several months and these stocks both benefited from that trend.

First Brian puts Methode Electronics in focus, the maker of in dashboard screens for new cars. Not only did Brian own the stock for his aggressive growth newsletter service "Home Run Investor" he also lives just a few blocks from the headquarters in Chicago. "Home Run Investor" held a position in MEI last year but sadly sold the shares in December as an analyst suggested they were about to miss earnings. That report was wrong and the result was a huge swing that cost investors. Terry Ruffolo noted that Brian almost cried when he sold the stock before the earnings, but you would too if you sold a stock with 90.67% gain instead of a gain of nearly 200%.

The next stock is Gentherm (THRM) a maker of heated and cooled seats. THRM's products are more for the luxury market and that end tends to remain strong even if the whole market is showing signs of weakness. THRM is a Zacks Rank #1 (Strong Buy) and is part of Brian's Home Run Investor portfolio right now.


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