4 Auto Parts Stocks to Buy Now

DORM, CAAS, FDML, BWA improve in weekly rankings

   
4 Auto Parts Stocks to Buy Now

Four auto parts stocks are moving up in their overall rating this week, according to the Portfolio Grader database. Every one of these is graded 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.

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. For more information, get Portfolio Grader’s complete analysis of CAAS stock.

This is a strong week for Federal-Mogul Holdings Corp (FDML). The company’s rating climbs to B from the previous week’s C. 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.

BorgWarner (BWA) is seeing ratings go up from a B last week to an A this week. 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.

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-fdml-5/.

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