4 Auto Parts Stocks to Buy Now

DORM, CAAS, BWA, FDML improve in weekly rankings

   
4 Auto Parts Stocks to Buy Now

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 progressing from last week’s rating of B (“buy”) as the company improves to an A (“strong buy”) this 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.

This week, China Automotive Systems, Inc. (CAAS) is showing significant improvement as the company’s rating hops from a C (“hold”) to a B (“buy”). 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.

BorgWarner’s (BWA) ratings are looking better this week, moving up to an A from last week’s B. BorgWarner is a supplier of highly engineered systems and components, mainly for powertrain applications. For more information, get Portfolio Grader’s complete analysis of BWA stock.

Federal-Mogul Holdings Corp (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. 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.


Article printed from InvestorPlace Media, http://investorplace.com/2014/06/4-auto-parts-stocks-to-buy-now-dorm-caas-bwa/.

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