3 Auto Parts Stocks to Buy Now

IEP, LEA, SUP improve in weekly rankings

   
3 Auto Parts Stocks to Buy Now

The grades of three Auto Parts stocks are better this week, according to the Portfolio Grader database. Every one of these stocks has an “A” (“strong buy”) or “B” overall (“buy”) rating.

This week, Icahn Enterprises (NASDAQ:IEP) is showing good progress as the company’s rating jumps from a B (“buy”) last week to an A (“strong buy”). Icahn Enterprises is a diversified holding company involved in a variety of businesses. In Portfolio Grader’s specific subcategory of Sales Growth, IEP also gets an A. Shares of IEP have increased 37.1% over the past month, better than the 2.5% increase the Nasdaq has seen over the same period of time. The stock has a dividend yield of 4%. For more information, get Portfolio Grader’s complete analysis of IEP stock.

Lear Corp. (NYSE:LEA) is making progress this week as its rating of C (“hold”) from last week increases to a B (“buy”) rating this week. Lear produces seating systems, wiring harnesses, terminals, connectors, junction boxes, body control electronics, wireless products, and audio systems. Investors have pushed the stock price up 15.9% over the past month. The stock’s trailing PE Ratio is 9.70. For more information, get Portfolio Grader’s complete analysis of LEA stock.

This is a strong week for Superior Industries International (NYSE:SUP). The company’s rating climbs to B from the previous week’s C. Superior Industries International is engaged in the design and production of aluminum road wheels that are sold to original equipment manufacturers. The stock has a trailing PE Ratio of 8.50. For more information, get Portfolio Grader’s complete analysis of SUP stock.

Louis Navellier’s proprietary Portfolio Grader stock ranking system assesses roughly 5,000 companies every week based on a number of fundamental and quantitative measures. Stocks are given a letter grade based on their results — with A being “strong buy,” and F being “strong sell.” Explore the tool here.


Article printed from InvestorPlace Media, http://investorplace.com/2013/02/3-auto-parts-stocks-to-buy-now-iep-lea-sup/.

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