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) pushed the Automotive industry higher today making it today's featured automotive winner. The industry as a whole closed the day up 0.7%. By the end of trading, BorgWarner rose $1.07 (1.2%) to $93.24 on heavy volume. Throughout the day, 1,469,523 shares of BorgWarner exchanged hands as compared to its average daily volume of 852,500 shares. The stock ranged in a price between $91.76-$93.68 after having opened the day at $92.30 as compared to the previous trading day's close of $92.17. Other companies within the Automotive industry that increased today were:
), up 7.0%,
), up 5.4%,
), up 4.8% and
), up 3.9%.
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BorgWarner Inc. manufactures and sells engineered automotive systems and components primarily for powertrain applications worldwide. BorgWarner has a market cap of $10.6 billion and is part of the consumer goods sector. Shares are up 27.9% year to date as of the close of trading on Wednesday. Currently there are 10 analysts that rate BorgWarner a buy, no analysts rate it a sell, and 5 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full BorgWarner Ratings Report.
On the negative front,
), down 7.0%,
), down 3.2%,
), down 2.5% and
), down 2.4%.
- Use our automotive section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the automotive industry could consider
) while those bearish on the automotive industry could consider
- Find other investment ideas from our top rated ETFs lists.