4 Auto Parts Stocks to Buy Now

CAAS, BWA, FDML, DORM improve in weekly rankings

   
4 Auto Parts Stocks to Buy Now

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, 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. In Portfolio Grader’s specific subcategories of Earnings Growth, Earnings Surprise, Cash Flow and Sales Growth, CAAS also gets A’s. 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.

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

This week, Federal-Mogul Holdings Corp (FDML) pushes up from a C to a B rating. 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.

Dorman Products, Inc. (DORM) 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.

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/2014/07/4-auto-parts-stocks-to-buy-now-caas-bwa-fdml/.

©2014 InvestorPlace Media, LLC

Comments are currently unavailable. Please check back soon.