Industry & Services >> Analyst Interviews >> May 10, 2010

A Close Look At Valuations In The Auto Sector – Efraim Levy – Standard & Poor’s Financial Services Llc

Efraim Levy, CFA, is a Senior Automotive Industry Analyst in Standard & Poor's U.S. Equity Research. Since October 1997, Mr. Levy has provided objective investment insight and recommendations on stocks for more than 30 consumer discretionary companies, including Ford, Toyota and Honda. In both 2008 and 2009, Mr. Levy was acknowledged by The Wall Street Journal as a "Best-on-the-Street" analyst for his stock picking prowess in the autos and auto parts industry. Previously, he served as a General Equity Analyst who primarily covered the food, beverage, gaming and tobacco industries for four years. Until early 2002, he worked as an Assistant Editor for Equity Insight, a monthly print publication that highlights recent Standard & Poor's research. Prior to S&P, Mr. Levy served as a Senior Analyst, Mergers and Acquisitions, in the information services leg of Investment Dealers' Digest. Mr. Levy received a B.A. in economics from Yeshiva University. Profile
TWST: How would you say 2010 looks compared to 2009 in the automobile sector?

Mr. Levy: 2010 is going to be much better than 2009. In 2009 auto sales were the lowest in about two and a half decades,