3 Auto Parts Stocks to Buy Now

by Portfolio Grader | February 20, 2013 5:00 pm

The grades of three Auto Parts stocks are better this week, according to the Portfolio Grader[1] database. Every one of these stocks has an “A” (“strong buy”) or “B” overall (“buy”) rating.

This week, Icahn Enterprises (NASDAQ:IEP[2]) 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[3].

Lear Corp. (NYSE:LEA[4]) 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[5].

This is a strong week for Superior Industries International (NYSE:SUP[6]). 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[7].

Louis Navellier’s proprietary Portfolio Grader[8] 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[9].

Endnotes:
  1. Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/
  2. IEP: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=IEP
  3. For more information, get Portfolio Grader’s complete analysis of IEP stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=IEP
  4. LEA: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=LEA
  5. For more information, get Portfolio Grader’s complete analysis of LEA stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=LEA
  6. SUP: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=SUP
  7. For more information, get Portfolio Grader’s complete analysis of SUP stock: http://navelliergrowth.investorplace.com/portfolio-grader/stock-report.html?t=SUP
  8. Portfolio Grader: http://navelliergrowth.investorplace.com/portfolio-grader/
  9. here: http://navelliergrowth.investorplace.com/portfolio-grader/

Source URL: http://investorplace.com/2013/02/3-auto-parts-stocks-to-buy-now-iep-lea-sup/
Short URL: http://invstplc.com/1nxraKg