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. Magna International (NYSE:MGA)
The Component Grade breakdown for Magna International (NYSE:MGA) is: Value: B, Growth: B, Momentum: B, Sentiment: B, Safety: A, Financials: C, and AI: B.
Magna International (NYSE:MGA) has a Due Diligence Score of 37, which is 2 points higher than the auto part industry average of 35.
MGA passed 12 out of 38 due diligence checks and has average fundamentals. Magna International has seen its stock return 73.37% over the past year, overperforming other auto part stocks by 37 percentage points.
Magna International has an average 1 year
price target of $66.42, a downside of -0.47% from Magna International's current stock price of $66.73.
Magna International stock has a consensus Hold recommendation according to Wall Street analysts. Of the 12 analysts covering Magna International, 16.67% have issued a Strong Buy rating, 16.67% have issued a Buy, 58.33% have issued a hold, while 0% have issued a Sell rating, and 8.33% have issued a Strong Sell.
2. Gentherm (NASDAQ:THRM)
Gentherm (NASDAQ:THRM) 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.
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The Component Grade breakdown for Gentherm (NASDAQ:THRM) is: Value: C, Growth: B, Momentum: C, Sentiment: A, Safety: A, Financials: B, and AI: C.
Gentherm (NASDAQ:THRM) has a Due Diligence Score of 34, which is -1 points lower than the auto part industry average of 35. Although this number is below the industry average, our proven quant model rates THRM as a "A".
THRM passed 11 out of 33 due diligence checks and has average fundamentals. Gentherm has seen its stock return 28.84% over the past year, underperforming other auto part stocks by -7 percentage points.
Gentherm has an average 1 year
price target of $37.33, an upside of 2.68% from Gentherm's current stock price of $36.36.
Gentherm stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Gentherm, 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. Phinia (NYSE:PHIN)
Phinia (NYSE:PHIN) 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.
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The Component Grade breakdown for Phinia (NYSE:PHIN) is: Value: B, Growth: C, Momentum: B, Sentiment: B, Safety: C, Financials: B, and AI: C.
Phinia (NYSE:PHIN) has a Due Diligence Score of 49, which is 14 points higher than the auto part industry average of 35.
PHIN passed 19 out of 38 due diligence checks and has strong fundamentals. Phinia has seen its stock return 94.47% over the past year, overperforming other auto part stocks by 58 percentage points.
Phinia has an average 1 year
price target of $85.75, an upside of 0.69% from Phinia's current stock price of $85.16.
Phinia stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Phinia, 25% have issued a Strong Buy rating, 25% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.