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 0.2%. By the end of trading, BorgWarner rose $0.70 (1.3%) to $55.39 on heavy volume. Throughout the day, 1,281,927 shares of BorgWarner exchanged hands as compared to its average daily volume of 679,200 shares. The stock ranged in a price between $54.50-$55.45 after having opened the day at $54.55 as compared to the previous trading day's close of $54.70. Other companies within the Automotive industry that increased today were: Gentex Corporation ( GNTX), up 4.1%, Quantum Fuel Systems Technologies Worldwide ( QTWW), up 3.9%, Accuride ( ACW), up 3.2% and Tesla Motors ( TSLA), up 3.1%.

BorgWarner Inc. manufactures and sells engineered automotive systems and components primarily for powertrain applications worldwide. BorgWarner has a market cap of $12.2 billion and is part of the consumer goods sector. The company has a P/E ratio of 20.8, above the S&P 500 P/E ratio of 17.7. Shares are up 52.7% year to date as of the close of trading on Monday. Currently there are 8 analysts that rate BorgWarner a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates BorgWarner as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the negative front, Marine Products Corporation ( MPX), down 2.9%, Spartan Motors ( SPAR), down 2.9%, Westport Innovations ( WPRT), down 2.8% and Fuel Systems Solutions ( FSYS), down 2.6% , were all laggards within the automotive industry with LKQ Corporation ( LKQ) 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.

More from Markets

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%