New Product Development Drives Stoneridge Incorporated (SRI) Business Improvement
The stock has surged to near its 52-week high after 2007 and most recent quarter results were announced. This small capital stock is a dynamic member of the Auto & Truck Parts Industry. DaimlerChrysler, Ford, and General Motors are among its list of industrial clients. The company has carved a niche in the competitive auto parts business, and is known for technological innovation and reliable quality. Institutions own 48% of the stock. 2007 was not a top year for automobiles in North America. This company has come through difficult market conditions with flying colors. It is an example of how…