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Ituran, AMR Join Stocks Under $10 Watch List
03/19/08 - 01:08 PM EDT
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Next, AMR has been hammered along with the rest of the airline industry due to rising energy prices and broken-down consolidation talks. At the current price, AMR's cash position is twice its market cap and seems to be pricing in bankruptcy. We have just begun our research process on these and will update readers on our progress. Ituran Location and Control and AMR are on the Watch List for TheStreet.com Stocks Under $10 model portfolio. Frank Curzio and Larsen Kusick write regularly on stocks priced under $10 a share, such as HarmonicHLIT, SkillSoftSKIL and Texas RoadhouseTXRH for TheStreet.com.
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