BorgWarner Inc (BWA): Today's Featured Automotive Winner

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

BorgWarner ( BWA) pushed the Automotive industry higher today making it today's featured automotive winner. The industry as a whole closed the day up 0.8%. By the end of trading, BorgWarner rose $1.81 (1.9%) to $97.58 on average volume. Throughout the day, 792,929 shares of BorgWarner exchanged hands as compared to its average daily volume of 883,000 shares. The stock ranged in a price between $95.08-$97.80 after having opened the day at $95.08 as compared to the previous trading day's close of $95.77. Other companies within the Automotive industry that increased today were: SORL Auto Parts ( SORL), up 6.7%, Quantum Fuel Systems Technologies Worldwide ( QTWW), up 6.4%, China Automotive Systems ( CAAS), up 6.3% and Motorcar Parts of America ( MPAA), up 4.4%.

BorgWarner Inc. manufactures and sells engineered automotive systems and components primarily for powertrain applications worldwide. BorgWarner has a market cap of $11.0 billion and is part of the consumer goods sector. Shares are up 33.7% year to date as of the close of trading on Friday. 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 BorgWarner as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the negative front, China Zenix Auto International ( ZX), down 8.0%, Patrick Industries ( PATK), down 4.5%, Tesla Motors ( TSLA), down 3.7% and Fox Factory ( FOXF), down 2.3% , were all laggards within the automotive industry with Harley-Davidson ( HOG) being today's automotive industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the automotive industry could consider Consumer Discretionary Sel Sec SPDR ( XLY) while those bearish on the automotive industry could consider ProShares Ultra Sht Consumer Goods ( SZK).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

If you liked this article you might like

Cramer: Irma and Harvey Busted the Algos

Auto Parts Stocks Need Repair Following Weak Showing From U.S. Automakers

Energy Stocks Downgraded as Oil Enters Bear Market

Analysts' Actions -- Autodesk, Estee Lauder, Newell Brands, Western Digital and More