4 Auto Parts Stocks to Buy Now

DORM, CAAS, BWA, FDML improve in weekly rankings

   
4 Auto Parts Stocks to Buy Now

The grades of four auto parts stocks are on the rise this week on Portfolio Grader. Each of these stocks is rated 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. 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 DORM stock.

China Automotive Systems, Inc.’s (CAAS) grade is moving up to a B (“buy”) this week from last week’s C (“hold”). 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, twice the rate of the week prior. For more information, get Portfolio Grader’s complete analysis of CAAS stock.

BorgWarner (BWA) earns an A this week, jumping up from last week’s grade of B. 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 threefold from the week prior. For more information, get Portfolio Grader’s complete analysis of BWA stock.

Federal-Mogul Holdings Corp (FDML) boosts its rating from a C to a B this week. 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/2014/07/4-auto-parts-stocks-to-buy-now-dorm-caas-bwa-3/.

©2014 InvestorPlace Media, LLC

Comments are currently unavailable. Please check back soon.