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. Garrett Motion (NASDAQ:GTX)
The Component Grade breakdown for Garrett Motion (NASDAQ:GTX) is: Value: A, Growth: C, Momentum: C, Sentiment: B, Safety: B, Financials: A, and AI: B.
Garrett Motion (NASDAQ:GTX) has a Due Diligence Score of 22, which is -12 points lower than the auto part industry average of 34. Although this number is below the industry average, our proven quant model rates GTX as a "A".
GTX passed 8 out of 38 due diligence checks and has weak fundamentals. Garrett Motion has seen its stock return 27.63% over the past year, overperforming other auto part stocks by 22 percentage points.
Garrett Motion has an average 1 year
price target of $14.00, an upside of 26.81% from Garrett Motion's current stock price of $11.04.
Garrett Motion stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Garrett Motion, 0% have issued a Strong Buy rating, 100% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Dorman Products (NASDAQ:DORM)
The Component Grade breakdown for Dorman Products (NASDAQ:DORM) is: Value: C, Growth: C, Momentum: C, Sentiment: A, Safety: C, Financials: A, and AI: B.
Dorman Products (NASDAQ:DORM) has a Due Diligence Score of 52, which is 18 points higher than the auto part industry average of 34.
DORM passed 17 out of 33 due diligence checks and has strong fundamentals. Dorman Products has seen its stock return 37.67% over the past year, overperforming other auto part stocks by 32 percentage points.
3. Autoliv (NYSE:ALV)
Autoliv (NYSE:ALV) 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 Autoliv (NYSE:ALV) is: Value: C, Growth: C, Momentum: C, Sentiment: B, Safety: B, Financials: B, and AI: C.
Autoliv (NYSE:ALV) has a Due Diligence Score of 50, which is 16 points higher than the auto part industry average of 34.
ALV passed 18 out of 38 due diligence checks and has strong fundamentals. Autoliv has seen its stock return 7.08% over the past year, overperforming other auto part stocks by 2 percentage points.
Autoliv has an average 1 year
price target of $113.38, a downside of -1.94% from Autoliv's current stock price of $115.62.
Autoliv stock has a consensus Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Autoliv, 37.5% have issued a Strong Buy rating, 25% have issued a Buy, 37.5% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.