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 1 points higher than the auto part industry average of 36.
MGA passed 12 out of 38 due diligence checks and has average fundamentals. Magna International has seen its stock return 83.46% over the past year, overperforming other auto part stocks by 38 percentage points.
Magna International has an average 1 year
price target of $65.00, an upside of 6.14% from Magna International's current stock price of $61.24.
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. Lear (NYSE:LEA)
Lear (NYSE:LEA) is the #2 top auto part stock out of 46 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 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 53, which is 17 points higher than the auto part industry average of 36.
LEA passed 19 out of 38 due diligence checks and has strong fundamentals. Lear has seen its stock return 57.72% over the past year, overperforming other auto part stocks by 13 percentage points.
Lear has an average 1 year
price target of $141.10, an upside of 4.29% from Lear's current stock price of $135.29.
Lear stock has a consensus Hold recommendation according to Wall Street analysts. Of the 10 analysts covering Lear, 20% have issued a Strong Buy rating, 0% have issued a Buy, 80% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Gentherm (NASDAQ:THRM)
Gentherm (NASDAQ:THRM) is the #3 top auto part stock out of 46 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 Gentherm (NASDAQ:THRM) is: Value: B, Growth: B, Momentum: C, Sentiment: B, Safety: A, Financials: B, and AI: C.
Gentherm (NASDAQ:THRM) has a Due Diligence Score of 34, which is -2 points lower than the auto part industry average of 36. 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 19.1% over the past year, underperforming other auto part stocks by -26 percentage points.
Gentherm has an average 1 year
price target of $37.20, an upside of 20.74% from Gentherm's current stock price of $30.81.
Gentherm stock has a consensus Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Gentherm, 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.