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Stock impact report

Building A Winning Portfolio Part 4: Gentex Corporation Is A Winner In The Future Of Automobiles [Seeking Alpha]

Gentex Corporation (GNTX) 
Last gentex corporation earnings: 4/24 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.gentex.com/investor-relations
Company Research Source: Seeking Alpha
IntroductionGentex Corporation (NASDAQ:GNTXIn my opinion, the recent slide in the auto parts sector is an opportunity to buy into quality companies. Gentex Corporation is one such innovative company which supplies auto-dimming mirrors and other cutting-edge connected car technologies to every major automaker in the world.SourceThis article is my fourth in the series of stocks to build an outperforming portfolio.Utilizing The Opportunity - Building A Winning Portfolio Part 1Building A Winning Portfolio Part 2 - Trash Is KingBuilding A Winning Portfolio Part 3 - Hersha Hospitality's Preferred Offer Low Risk High RewardBackgroundCustomers within the auto industry comprise approximately 97% of Gentex' net sales.Source:Company FY2019 10KDespite a slowdown in the auto industry, Gentex had a positive growth in sales. Global vehicle sales volume declined 2.3% in comparison to Gentex 1.3% revenue growth. This reveals traits of a fundamentally strong company in a struggling sector, poised to ou Show less Read more
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