Analyst View, Impact of Global Events - Research Report on DealerTrack Holdings, Inc. and SBA Communications Corporation
October 14 2011 - 8:00AM
Marketwired
Today, www.WorldStreetFundamentals.com released its industry report
highlighting DealerTrack Holdings, Inc. (NASDAQ: TRAK) and SBA
Communications Corporation (NASDAQ: SBAC). Full fundamental and
technical analysis is available at
www.WorldStreetFundamentals.com/Reports.php?id=TRAK+SBAC.
Short-term outlooks within US and global economies continue to
adjust downward, as US Treasury yields touched their lowest levels
in over 65 years. International Monetary Fund downgraded estimates
for US growth by 1.0% this year, down from 2.5%. 'Significant
downside risks' to the US economy were confirmed by the Federal
Reserve pressured by 'strains in global financial markets'.
As the US dollar trades above an eight-month high against the
Euro, it highlights a deepening of the Eurozone sovereign debt
crisis -- furthered by continued policy inaction from European
governments. We expect continued volatility until economic data
stabilizes and we see decisive policy action to deal with the
Eurozone debt crisis.
Our members are preparing for a turn in tides. Currently, the
Credit Suisse Risk Appetite Indicator is at a 30-year low. For the
past three occurrences, this level has acted as a leading indicator
of large stock market rallies 18 months following.
World Street Fundamentals has highlighted DealerTrack Holdings,
Inc. for its current position within the technology industry.
DealerTrack Holdings, Inc. (DealerTrack) is a holding company. The
Company provides software solutions to automotive retail industry,
including dealers, lenders, original equipment manufacturers (OEMs)
and agents. Its dealer management system (DMS) provides dealers
with tools and real-time data access, which streamline automotive
business. The entire report on DealerTrack Holdings, Inc. (NASDAQ:
TRAK) is available here:
www.WorldStreetFundamentals.com/Report.php?id=TRAK.
World Street has featured SBA Communications Corporation for its
development within the services industry. SBA Communications
Corporation (SBA) is a holding company that has no operations of
its own. SBA conducts all of its business operations through SBA
Telecommunications, Inc. (Telecommunications), in which it holds an
outstanding capital stock. Telecommunications owns interests in SBA
Senior Finance, Inc. (SBA Senior Finance) and its international
entities. The entire report on SBA Communications Corporation
(NASDAQ: SBAC) is available here:
www.WorldStreetFundamentals.com/Report.php?id=SBAC.
About World Street World Street Fundamentals is an online portal
for professionals, investors and new-comers to the markets to find
in depth comprehensive research and research tools to help guide
you through the ever changing financial markets.
Contact: Adam Redford Email Contact
www.WorldStreetFundamentals.com
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