According to
Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best auto part stocks to buy right now are:
1. Motorcar Parts Of America (NASDAQ:MPAA)
The Component Grade breakdown for Motorcar Parts Of America (NASDAQ:MPAA) is: Value: A, Growth: A, Momentum: A, Sentiment: C, Safety: C, Financials: C, and AI: A.
Motorcar Parts Of America (NASDAQ:MPAA) has a Due Diligence Score of 44, which is 10 points higher than the auto part industry average of 34.
MPAA passed 14 out of 33 due diligence checks and has strong fundamentals. Motorcar Parts Of America has seen its stock return 150.33% over the past year, overperforming other auto part stocks by 137 percentage points.
2. Phinia (NYSE:PHIN)
Phinia (NYSE:PHIN) is the #2 top auto part stock out of 47 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year.
Learn more.
The Component Grade breakdown for Phinia (NYSE:PHIN) is: Value: B, Growth: B, Momentum: C, Sentiment: B, Safety: C, Financials: C, and AI: B.
Phinia (NYSE:PHIN) has a Due Diligence Score of 46, which is 12 points higher than the auto part industry average of 34.
PHIN passed 17 out of 38 due diligence checks and has strong fundamentals. Phinia has seen its stock return 20.59% over the past year, overperforming other auto part stocks by 8 percentage points.
Phinia has an average 1 year
price target of $58.00, an upside of 7.99% from Phinia's current stock price of $53.71.
Phinia stock has a consensus Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Phinia, 33.33% have issued a Strong Buy rating, 0% have issued a Buy, 66.67% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Borgwarner (NYSE:BWA)
Borgwarner (NYSE:BWA) is the #3 top auto part stock out of 47 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year.
Learn more.
The Component Grade breakdown for Borgwarner (NYSE:BWA) is: Value: B, Growth: C, Momentum: B, Sentiment: B, Safety: B, Financials: B, and AI: A.
Borgwarner (NYSE:BWA) has a Due Diligence Score of 45, which is 11 points higher than the auto part industry average of 34.
BWA passed 16 out of 38 due diligence checks and has strong fundamentals. Borgwarner has seen its stock return 23.5% over the past year, overperforming other auto part stocks by 11 percentage points.
Borgwarner has an average 1 year
price target of $44.69, an upside of 4.35% from Borgwarner's current stock price of $42.83.
Borgwarner stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 13 analysts covering Borgwarner, 61.54% have issued a Strong Buy rating, 15.38% have issued a Buy, 23.08% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.