BorgWarner Reaches New 52-Week High (BWA)

NEW YORK ( TheStreet) -- BorgWarner (NYSE: BWA) hit a new 52-week high Thursday as it is currently trading at $88.46, above its previous 52-week high of $87.66 with 85,352 shares traded as of 9:40 a.m. ET. Average volume has been 911,400 shares over the past 30 days.

BorgWarner has a market cap of $10.02 billion and is part of the consumer goods sector and automotive industry. Shares are up 21.8% year to date as of the close of trading on Wednesday.

BorgWarner Inc. manufactures and sells engineered automotive systems and components primarily for powertrain applications worldwide.

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TheStreet Ratings rates BorgWarner as a buy. 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.

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