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: B, Sentiment: B, Safety: B, Financials: A, and AI: C.
Garrett Motion (NASDAQ:GTX) has a Due Diligence Score of 29, which is -4 points lower than the auto part industry average of 33. Although this number is below the industry average, our proven quant model rates GTX as a "A".
GTX passed 11 out of 38 due diligence checks and has average fundamentals. Garrett Motion has seen its stock return 64.86% over the past year, overperforming other auto part stocks by 44 percentage points.
Garrett Motion has an average 1 year
price target of $14.00, an upside of 6.95% from Garrett Motion's current stock price of $13.09.
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. Motorcar Parts Of America (NASDAQ:MPAA)
The Component Grade breakdown for Motorcar Parts Of America (NASDAQ:MPAA) is: Value: B, Growth: A, Momentum: B, Sentiment: C, Safety: C, Financials: C, and AI: C.
Motorcar Parts Of America (NASDAQ:MPAA) has a Due Diligence Score of 44, which is 11 points higher than the auto part industry average of 33.
MPAA passed 14 out of 33 due diligence checks and has strong fundamentals. Motorcar Parts Of America has seen its stock return 182.8% over the past year, overperforming other auto part stocks by 162 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: B, Momentum: C, Sentiment: B, Safety: B, Financials: B, and AI: B.
Autoliv (NYSE:ALV) has a Due Diligence Score of 34, which is 1 points higher than the auto part industry average of 33.
ALV passed 14 out of 38 due diligence checks and has average fundamentals. Autoliv has seen its stock return 33.02% over the past year, overperforming other auto part stocks by 12 percentage points.
Autoliv has an average 1 year
price target of $127.57, an upside of 1.26% from Autoliv's current stock price of $125.98.
Autoliv stock has a consensus Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Autoliv, 42.86% have issued a Strong Buy rating, 28.57% have issued a Buy, 28.57% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.