Goodyear Tire & Rubber Company: At Bargain Levels Now With Multiple Upside Catalysts
GTThe Goodyear Tire(GT) Seeking Alpha·2024-03-04 08:34
bauhaus1000/iStock Unreleased via Getty Images Goodyear Tire & Rubber Co. (NASDAQ:GT) is an iconic American tire company, and it is also well known for its blimps. The company offers tires under the Goodyear brand, as well as under the Dunlop and Kelly brand names. The shares recently plunged after the company released earnings, and it seems the market has overreacted to these financial results. I believe this short-term thinking by some investors has created a buying opportunity. Let's take a closer lo ...