This week, four auto parts stocks are improving their overall ratings on Portfolio Grader. Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”).
This week, BorgWarner (BWA) is showing good progress as the company’s rating jumps from a B (“buy”) last week to an A (“strong buy”). 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. The stock price has risen 10.7% 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.
Dorman Products, Inc. (DORM) earns an A this week, jumping up from last week’s grade of B. 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.
China Automotive Systems, Inc. (CAAS) is bumping up its rating from a C (“hold”) to a B (“buy”) this week. China Automotive System designs, markets, and sells custom-designed stained glass and leaded glass artifacts. Shares of the stock have been changing hands at an unusually rapid pace, four times the rate of the week prior. For more information, get Portfolio Grader’s complete analysis of CAAS stock.
Federal-Mogul Corporation (FDML) 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. The stock has pushed up 4.5% over the past week. For more information, get Portfolio Grader’s complete analysis of FDML 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.
