We have reiterated our Neutral recommendation on Meritor Inc. (MTOR) for the long-term as the company continues to benefit from strong global truck demand but we are concerned about significant customer concentration risks faced by the company.
Meritor is planning to extend its footprint into low-cost countries (especially China and India). The company is also focusing on OEMs based elsewhere in Asia and South America. It aims to achieve around $1 billion in revenues from Asian countries in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards