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What: Shares of nuts-and-bolts vehicle parts maker Tenneco
So what: The industry at large is roiling with optimism as the worldwide financial crisis might be coming to an end in our lifetime, but Tenneco takes it to the next level as RBC Capital starts coverage on the stock with a "top pick" rating and $41 target price.
Now what: The company sells mufflers, suspension systems, and other essential parts to just about any vehicle manufacturer you'd care to mention, making this stock just about equivalent to owning automotive ETFs Global X Auto
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