Wednesday, August 04, 2010
TRW Automotive Holdings Corp.
(NYSE:TRW) TRW Automotive Holdings released decent earnings this morning, in the top 20 sectors, Last QTR EPS Change of 245%, and Sales Change of 50%. Looks good right? Not so fast, if you look at the past 30 Days, the stock has been rallying into earnings.
You need to balance the fact that a company had great earnings with the reality that they have had a run-up to the day of the earnings release.
Wait for a pullback on this one.