Automotive Services Report

January 24, 2011

Buy ($175)

Topics covered: Vehicle Retention Trends, Strong Fundamentals in the Automotive Aftermarket, Electric Vehicles and Green Technology, Consolidation Among Auto Parts Companies

Companies covered: ZOLL Medical Corp., Zimmer Holdings, Inc. (NYSE:ZMH), Wright Medical Group, Inc. (NASDAQ:WMGI), Stryker Corporation (NYSE:SYK), St. Jude Medical, Inc. (NYSE:STJ), Medtronic, Inc. (NYSE:MDT), Johnson & Johnson (NYSE:JNJ), Edwards Lifesciences Corporation (NYSE:EW), Covidien Ltd. (NYSE:COV), Boston Scientific Corporation (NYSE:BSX), Baxter International Inc. (NYSE:BAX), Abbott Laboratories (NYSE:ABT), Kennametal Inc. (NYSE:KMT), Asbury Automotive Group Inc (NYSE:ABG)