US Stock In Play: $TEN (Tenneco Inc)
TEN share price surged by a further +14.96% since our last update this week. This totals up a gain of +42.34% in a short 9 days trading session. With TEN continuing to outperform its sectorial competitors with increasing buying demand, trading at a new 52 weeks high on both share price and implied volatility, further upside will be imminent to test its 2019 resistance at $25 range.TEN is currently trading at its 52 weeks high, at a market capitalization exceeding $1 Billion USD for the first time since 2019.TEN designs, manufactures, and sells clean air, powertrain, and ride performance products and systems for light vehicle, commercial truck, off-highway, industrial, and aftermarket customers worldwide.
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