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The Little Engine That Might

M.D. Mitchell
September 15, 2005

One of the secrets to making money on Wall Street consistently is to pay a discount price for solid companies that nobody wants. The struggling auto parts industry, for example, has been suffering in tandem with the increasingly unpopular U.S. auto industry. Battered by higher fuel prices and declining car sales, manufacturers like ArvinMeritor (NYSE: ARM  ) and Delphi (NYSE: