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UBS Picks Continental as Top Tire Stock | Markets & Money News

UBS analysts are optimistic about premium tire manufacturers managing inflation risks, placing Continental as their top pick despite mixed demand. Passenger car markets saw a slight decline, while truck markets remain stable due to North American manufacturing recovery. European winter tire sales fell, attributed to decreased imports rather than weak demand. High dealer inventories in Europe mainly concern budget tires, while Michelin faces sluggish North American sales. UBS recommends both

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