4 Auto Parts Stocks to Buy Now

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, Dorman Products, Inc. () 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. .

China Automotive Systems, Inc. () is bettering its rating of C (“hold”) from last week to a B (“buy”) this week. China Automotive System designs, markets, and sells custom-designed stained glass and leaded glass artifacts. .

The rating of Federal-Mogul Holdings Corp () moves up this week, rising from a C to a B. Federal-Mogul supplies products, services and solutions to automotive, light commercial, heavy-duty truck, off-highway, agricultural, marine, rail, and industrial markets. .

This week, BorgWarner () pushes up from a B to an A rating. BorgWarner is a supplier of highly engineered systems and components, mainly for powertrain applications. The stock price has been on the rise for the past nine days, reaching $60.16. .

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 .


Article printed from InvestorPlace Media, /2014/05/4-auto-parts-stocks-to-buy-now-dorm-caas-fdml/.

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