![]() ![]() The company markets its transmissions under Allison Transmission brand name and remanufactured transmissions under ReTran brand name. It offers 13 transmission product lines with approximately 100 product models for various applications, including distribution, refuse, construction, fire, and emergency on-highway trucks school, transit, and hybrid-transit buses motor homes energy, mining, and construction off-highway vehicles and equipment and wheeled and tracked defense vehicles. ![]() ![]() In anticipation of an economic slowdown, investors may sell some of their stocks, while the belief in a recovering or booming economy can create an increase in demand for stocks.Īllison Transmission Holdings, Inc., together with its subsidiaries, designs, manufactures, and sells commercial and defense fully-automatic transmissions for medium- and heavy-duty commercial vehicles, and medium- and heavy-tactical U.S. High valuations can also cause some investors to sell their holdings or reduce their purchases of stocks.įurthermore, opinions about the trajectory of the economy can impact stock prices. On the other hand, a declining stock market can dampen investor confidence, leading to more selling and lower stock prices. Such a rise in demand can lead to an increase in stock prices across the board. This may happen because investors perceive the valuations as attractive, or because the market has been trending upwards. If investors are confident in the stock market, it can cause an upsurge in demand and prices for Allison Transmission Holdings, stock (ALSN). In other words, when one company in a particular sector does well, it can create a positive ripple effect for the entire industry. This phenomenon can benefit all companies in the industry, as a favourable overall sentiment can lift their stock prices as well. When investors have a positive outlook on the future of the Auto Parts industry, they may eagerly buy shares of a Auto Parts company, causing its stock price to surge. In other words, even if Allison Transmission Holdings, is doing well, it could still experience a decline in its stock price if the industry as a whole is viewed unfavourably by investors. When investors develop negative feelings towards the Auto Parts industry, all the stocks within it (including ALSN) can be adversely affected, irrespective of the individual performance of each company. On the other hand, when they lose confidence, they tend to sell, which lowers the stock price. Investors are more likely to buy Allison Transmission Holdings, (ALSN) stock when they are confident about its future or expect positive events. Market sentiment toward the stock market.Market sentiment toward the Auto Parts industry.Billions of shares of stock are bought and sold each day, and it's this buying and selling that sets stock prices.ĭemand for Allison Transmission Holdings, stock drives its price trends, but what causes that demand in the first place? It's all about how investors feel: In the short term, Allison Transmission Holdings, Stock go up and down because of the law of supply and demand. The long term sentiment, however, remains bullish and ALSN could hit $76.48 in 2024. In fact, in the past 24 hours, ALSN has pumped by +1.88%. It has moved by +0.90% in the past month and is currently at $59.55. RBC Capital Mkts: Outperform → Sector PerformĪLSN’s price at the same time last month was Morgan Stanley: Equal-Weight → Underweight ![]()
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