3 Auto Parts Stocks to Sell Now

ALSN, CAAS, CXDC slump in weekly rankings

   
3 Auto Parts Stocks to Sell Now

This week, the ratings of three Auto Parts stocks on Portfolio Grader are down. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).

This week, Allison Transmission Holdings, Inc. (NYSE:ALSN) falls to a D (“sell”), worse than last week’s grade of C (“hold”). In Portfolio Grader’s specific subcategories of Earnings Growth, Earnings Momentum, Margin Growth, and Sales Growth, ALSN also gets F’s. For more information, get Portfolio Grader’s complete analysis of ALSN stock.

China Automotive Systems, Inc. (NASDAQ:CAAS) earns a D this week, falling from last week’s grade of C. China Automotive System designs, markets, and sells custom-designed stained glass and leaded glass artifacts. The stock also rates an F in Margin Growth. To get an in-depth look at CAAS, get Portfolio Grader’s complete analysis of CAAS stock.

This is a rough week for China XD Plastics Co., Ltd. (NASDAQ:CXDC). The company’s rating falls to D from the previous week’s C. China XD Plastics engages in the development, manufacture, and distribution of modified plastics primarily for use in the fabrication of automobile parts and components. For a full analysis of CXDC stock, visit Portfolio Grader.

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 β€” with A being “strong buy,” and F being “strong sell.” Explore the tool here.


Article printed from InvestorPlace Media, http://investorplace.com/2013/08/3-auto-parts-stocks-to-sell-now-alsn-caas-cxdc/.

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