4 Auto Parts Stocks to Buy Now

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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”).

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BorgWarner () 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. In Portfolio Grader’s specific subcategory of Equity, BWA also gets an A. .

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 () shows solid improvement this week. The company’s rating rises 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. .

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.