This week, four auto parts stocks are improving their overall ratings on . Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”).
This week, BorgWarner () is making solid headway. The company’s rating improves to an A (“strong buy”) from last week’s B (“buy”) rating. BorgWarner is a supplier of highly engineered systems and components, mainly for powertrain applications. In Portfolio Grader’s specific subcategory of Equity, BWA also gets an A. The stock price has increased 5% over the past week. .
This week, Dorman Products, Inc.’s () ratings are up from a B last week to an A. Dorman Products supplies automotive replacement parts, fasteners, and service line products primarily for the automotive aftermarket. .
China Automotive Systems, Inc.’s () 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. .
Federal-Mogul Corporation () 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. .
Louis Navellier’s proprietary 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 .
