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: C, 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 83.41% over the past year, overperforming other auto part stocks by 43 percentage points.
Magna International has an average 1 year
price target of $65.00, a downside of -1.69% from Magna International's current stock price of $66.12.
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. 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.
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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 48, which is 13 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 76.4% over the past year, overperforming other auto part stocks by 36 percentage points.
Phinia has an average 1 year
price target of $79.33, an upside of 2.47% from Phinia's current stock price of $77.42.
Phinia stock has a consensus Hold recommendation according to Wall Street analysts. Of the 3 analysts covering Phinia, 0% have issued a Strong Buy rating, 33.33% 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. Lear (NYSE:LEA)
Lear (NYSE:LEA) 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 Lear (NYSE:LEA) is: Value: B, Growth: B, Momentum: C, Sentiment: B, Safety: B, Financials: C, and AI: B.
Lear (NYSE:LEA) has a Due Diligence Score of 50, which is 15 points higher than the auto part industry average of 35.
LEA passed 18 out of 38 due diligence checks and has strong fundamentals. Lear has seen its stock return 63.33% over the past year, overperforming other auto part stocks by 23 percentage points.
Lear has an average 1 year
price target of $147.70, an upside of 0.52% from Lear's current stock price of $146.93.
Lear stock has a consensus Buy recommendation according to Wall Street analysts. Of the 10 analysts covering Lear, 40% have issued a Strong Buy rating, 0% have issued a Buy, 60% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.