NEW YORK (
-- Goodyear Tire & Rubber
) has been upgraded by TheStreet Ratings from sell to hold. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally poor debt management and poor profit margins.
The Goodyear Tire & Rubber Company engages in the development, manufacture, distribution, and sale of tires, and related products and services to consumer and commercial customers worldwide. Goodyear Tire & Rubber has a market cap of $3.3 billion and is part of the
industry. Shares are up 17.3% year to date as of the close of trading on Friday.
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