We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Allison Partners With Telematics for Connected Capabilities
Read MoreHide Full Article
Allison Transmission Holdings, Inc. (ALSN - Free Report) is partnering with Westfield, IN-based LHP Telematics LLC to add support for Allison’s 4th and 5th generation transmissions. Telematics is a provider of telematics solutions for equipment manufacturers. Telematics will provide its custom-made white label telematics solutions that are designed for OEMs, and dealer networks in the off & on-highway, construction and other markets.
Per Allison’s management, this collaboration will aid the company to extend its development in connected ecosystem. This new technology will help customers to get important information about their transmissions from a known source. Using Telematics’ service will cut costs and downtime for maintaining transmissions.
The company frequently collaborates with others to support connected vehicle ecosystem for its conventional and hybrid transmissions. In September, Allison collaborated with Clever Devices, Ltd. and Geotab Inc. for technology that can provide diagnostic transmission information of bus fleets.
Allison Transmission Holdings, Inc. Price and Consensus
Indianapolis, IN-based Allison is a designer and manufacturer of fully-automatic transmissions for vehicles. The company’s transmissions are used in construction, distribution, transit, and on & off-highway vehicles.
Price Performance
In the past three months, Allison’s stock has lost 3.7%, outperforming 21.4% decrease recorded by the industry it belongs to.
Advance Auto has an expected long-term growth rate of 13.1%. Shares of the company have increased 10.9% over the past three months.
General Motors has an expected long-term growth rate of 8.5%. Shares of the company have rallied 13.8% over the past month.
O’Reilly has an expected long-term growth rate of 15.7%. Over the past three months, shares of the company have gained 7.3%.
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
Image: Bigstock
Allison Partners With Telematics for Connected Capabilities
Allison Transmission Holdings, Inc. (ALSN - Free Report) is partnering with Westfield, IN-based LHP Telematics LLC to add support for Allison’s 4th and 5th generation transmissions. Telematics is a provider of telematics solutions for equipment manufacturers. Telematics will provide its custom-made white label telematics solutions that are designed for OEMs, and dealer networks in the off & on-highway, construction and other markets.
Per Allison’s management, this collaboration will aid the company to extend its development in connected ecosystem. This new technology will help customers to get important information about their transmissions from a known source. Using Telematics’ service will cut costs and downtime for maintaining transmissions.
The company frequently collaborates with others to support connected vehicle ecosystem for its conventional and hybrid transmissions. In September, Allison collaborated with Clever Devices, Ltd. and Geotab Inc. for technology that can provide diagnostic transmission information of bus fleets.
Allison Transmission Holdings, Inc. Price and Consensus
Allison Transmission Holdings, Inc. Price and Consensus | Allison Transmission Holdings, Inc. Quote
Indianapolis, IN-based Allison is a designer and manufacturer of fully-automatic transmissions for vehicles. The company’s transmissions are used in construction, distribution, transit, and on & off-highway vehicles.
Price Performance
In the past three months, Allison’s stock has lost 3.7%, outperforming 21.4% decrease recorded by the industry it belongs to.
Zacks Rank & Other Key Picks
Allison currently carries a Zacks Rank #1 (Strong Buy). A few other top-ranked stocks in the auto space include Advance Auto Parts, Inc. (AAP - Free Report) , General Motors Company (GM - Free Report) and O’Reilly Automotive, Inc. (ORLY - Free Report) , each carrying Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Advance Auto has an expected long-term growth rate of 13.1%. Shares of the company have increased 10.9% over the past three months.
General Motors has an expected long-term growth rate of 8.5%. Shares of the company have rallied 13.8% over the past month.
O’Reilly has an expected long-term growth rate of 15.7%. Over the past three months, shares of the company have gained 7.3%.
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
See This Ticker Free >>