4 Auto Parts Stocks to Buy Now

by Portfolio Grader | March 5, 2014 8:30 am

4 Auto Parts Stocks to Buy Now

The grades of four 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.

BorgWarner (BWA[2]) is making headway this week, with the company’s rating improving to an A (“strong buy”) from a B (“buy”) last week. BorgWarner is a supplier of highly engineered systems and components, mainly for powertrain applications. In Portfolio Grader’s specific subcategory of Equity, BWA also gets an A. Shares of BWA have increased 13.9% over the past month, better than the 1.7% decrease the S&P 500 has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of BWA stock[3].

Dorman Products, Inc. (DORM[4]) is seeing ratings go up from a B last week to an A this week. Dorman Products supplies automotive replacement parts, fasteners, and service line products primarily for the automotive aftermarket. For more information, get Portfolio Grader’s complete analysis of DORM stock[5].

China Automotive Systems, Inc. (CAAS[6]) is making progress this week as its rating of C (“hold”) from last week increases to a B (“buy”) rating this week. China Automotive System designs, markets, and sells custom-designed stained glass and leaded glass artifacts. For more information, get Portfolio Grader’s complete analysis of CAAS stock[7].

Federal-Mogul Corporation (FDML[8]) shows solid improvement this week. The company’s rating rises from a C to a B. Federal-Mogul supplies products, services and solutions to automotive, light commercial, heavy-duty truck, off-highway, agricultural, marine, rail, and industrial markets. After four consecutive days of gains, the stock price has reached $19.20. For more information, get Portfolio Grader’s complete analysis of FDML stock[9].

Louis Navellier’s proprietary Portfolio Grader[10] 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[11].

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

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