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Six Auto Stocks That Could Accelerate

NEW YORK ( TheStreet) -- Ford Motor Co. (F - Get Report) and General Motors (GM - Get Report) are among six automotive industry stocks that could log solid gains in the next year, according to price targets from Wall Street analysts.

Auto sales surged nearly 10% to 13.1 million vehicles in September from 11.8 million in the same period a year earlier, according to Autodata Corp.

Sales were boosted by higher discounts and robust demand for pickup trucks and sport-utility vehicles.

Light vehicle sales for September rose 9.9% to 1.05 million.

GM, Chrysler Group LLC, and Nissan Motor (NSANY) reported 20% hikes in September auto sales from a year ago. Similarly, Ford saw sales improve by 9%.

The six stocks we have selected could see significant gains in the next 12 months, according to analysts' price targets.

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SYM TRADE IT LAST %CHG
F $16.02 -0.90%
GT $26.56 -1.90%
GM $37.58 -0.60%
LEA $109.31 -1.30%
TRW $104.50 0.26%

Markets

DOW 18,096.90 -106.47 -0.58%
S&P 500 2,098.53 -9.25 -0.44%
NASDAQ 4,967.1410 -12.76 -0.26%

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