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Standard Motor Products, Inc.

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Standard Motor’s solid brand recognition, long-term business expectations and regular capital deployments are expected to enhance the shareholder value. The company has also been focusing on reducing production related costs, which is expected to benefit its results. Moreover, as its products are more focused on the automotive sector’s aftermarket, it won’t be significantly open to the cyclical nature of the sector. Standard Motor’s shares have also outperformed the Zacks categorized Auto/Truck-Replacement Parts industry over the last three months. However, rise in selling, general and administrative expenses (SG&A) and production relocations are expected to have a negative impact on the company financials.

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