4 Auto Parts Stocks to Buy Now

by Portfolio Grader | August 20, 2014 8:45 am

This week, four auto parts stocks are improving their overall rating on Portfolio Grader[1]. Each of these rates an “A” (“strong buy”) or “B” overall (“buy”).

This week, Dorman Products, Inc. (DORM[2]) is showing good progress as the company’s rating jumps from a B (“buy”) last week to an A (“strong buy”). 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[3].

China Automotive Systems, Inc. (CAAS[4]) 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[5].

BorgWarner (BWA[6]) gets a higher grade this week, advancing from a B last week to an A. 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[7].

This is a strong week for Federal-Mogul Holdings Corp (FDML[8]). 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[9].

Louis Navellier’s proprietary Portfolio Grader[10] 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[11].

Source URL: https://investorplace.com/2014/08/4-auto-parts-stocks-to-buy-now-dorm-caas-bwa-8/

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