According to Zen Score, the 3 best auto part stocks to buy right now are:
1. Autoliv (NYSE:ALV)
Autoliv (NYSE:ALV) is the top auto part stock with a Zen Score of 60, which is 27 points higher than the auto part industry average of 33. It passed 22 out of 38 due diligence checks and has strong fundamentals. Autoliv has seen its stock return 43.71% over the past year, overperforming other auto part stocks by 48 percentage points.
Autoliv has an average 1 year
price target of $132.83, an upside of 9.44% from Autoliv's current stock price of $121.38.
Autoliv stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Autoliv, 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.
2. Xpel (NASDAQ:XPEL)
Xpel (NASDAQ:XPEL) is the second best auto part stock with a Zen Score of 59, which is 26 points higher than the auto part industry average of 33. It passed 19 out of 33 due diligence checks and has strong fundamentals. Xpel has seen its stock lose -54.52% over the past year, underperforming other auto part stocks by -50 percentage points.
Xpel has an average 1 year
price target of $38.50, an upside of 20.05% from Xpel's current stock price of $32.07.
Xpel stock has a consensus Hold recommendation according to Wall Street analysts. Of the 2 analysts covering Xpel, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Magna International (NYSE:MGA)
Magna International (NYSE:MGA) is the third best auto part stock with a Zen Score of 57, which is 24 points higher than the auto part industry average of 33. It passed 20 out of 38 due diligence checks and has strong fundamentals. Magna International has seen its stock lose -9.65% over the past year, underperforming other auto part stocks by -5 percentage points.
Magna International has an average 1 year
price target of $62.80, an upside of 34.48% from Magna International's current stock price of $46.70.
Magna International stock has a consensus Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Magna International, 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.