The Goodyear Tire & Rubber Company (NYSE:GT) Stock Picks Second Highest In Long Term Growth Rate Among Its Industry Leaders

Stock Performance:

The Goodyear Tire & Rubber Company (NYSE:GT) stock picks reported the gain of 1.10% to close at $14.73 with overall traded volume stood at 4.09 million shares in the last Wednesday trading session as compare to its average volume stood at 5.45 million. The share price (stock picks) is highly reactive to market index as its beta value stands at 2.80 times. The current market price is 7.57% more than its last 50 days simple moving average. The company (stock picks) stands in profit with the profit margin of 1.02%. The company is in highly profitability with ROE of 13.56%.

Competitors To Watch:

CTB                 Cooper Tire & Rubber Co.

AMTY              Amerityre Corporation

BRDCY                       Bridgestone Corp. (ADR)

MGDDY                      MICHELIN CIE GEN UNSP/ADR

YORUF                       YOKOHAMA RUBBER

Financials:

The Goodyear Tire & Rubber Company (NYSE:GT) generated the total revenue of $6.06 billion for the quarter ended September 30th, 2011 as compared to revenue of $4.96 billion for the same period last year. The company reported the net profit of $168 million or earnings of $0.65 per share for the respective quarter as compared to net loss of $20 million or loss of $0.05 per share last year.

The company’s total assets accumulate up to $18.12 billion out of which fixed assets have the highest proportion. The company maintains a strong short term liquidity position as per its current ratio of 1.81 times.

Latest News:

Market Watch

http://www.marketwatch.com/story/fitch-goodyear-pension-contributions-expected-to-double-in-2012-2011-12-07

Seeking Alpha

http://seekingalpha.com/article/316016-6-stocks-between-10-and-20-that-could-double-in-2012

Market Watch

http://www.marketwatch.com/story/goodyear-declares-dividend-on-5875-preferred-stock-2011-12-06