This week, four auto parts stocks are improving their overall rating on Portfolio Grader. Each of these rates an “A” (“strong buy”) or “B” overall (“buy”).
Dorman Products, Inc. (DORM) is making headway this week, with the company’s rating improving to an A (“strong buy”) from a B (“buy”) last week. Dorman Products supplies automotive replacement parts, fasteners, and service line products primarily for the automotive aftermarket. In Portfolio Grader’s specific subcategory of Equity, DORM also gets an A. For more information, get Portfolio Grader’s complete analysis of DORM stock.
China Automotive Systems, Inc. (CAAS) ups its rating to a B (“buy”) this week after earning a C (“hold”) in the week before. 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, up 477.4% from the week prior. For more information, get Portfolio Grader’s complete analysis of CAAS stock.
Federal-Mogul Holdings Corp (FDML) improves from a C to a B rating this week. Federal-Mogul supplies products, services and solutions to automotive, light commercial, heavy-duty truck, off-highway, agricultural, marine, rail, and industrial markets. Shares of the stock have been changing hands at an unusually rapid pace, twice the rate of the week prior. For more information, get Portfolio Grader’s complete analysis of FDML stock.
BorgWarner (BWA) boosts its rating from a B to an A this week. BorgWarner is a supplier of highly engineered systems and components, mainly for powertrain applications. Shares of the stock have been trading at an exceptionally rapid pace, up twofold from the week prior. For more information, get Portfolio Grader’s complete analysis of BWA 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.
