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 down 0.4%. By the end of trading, BorgWarner rose $1.17 (2.0%) to $59.27 on average volume. Throughout the day, 2,048,985 shares of BorgWarner exchanged hands as compared to its average daily volume of 1,454,100 shares. The stock ranged in a price between $57.94-$59.75 after having opened the day at $57.98 as compared to the previous trading day's close of $58.10. Other companies within the Automotive industry that increased today were: Strattec Security Corporation ( STRT), up 10.9%, Dorman Products ( DORM), up 8.3%, Thor Industries ( THO), up 3.8% and Quantum Fuel Systems Technologies Worldwide ( QTWW), up 2.8%.

BorgWarner Inc. manufactures and sells engineered automotive systems and components primarily for powertrain applications worldwide. BorgWarner has a market cap of $13.2 billion and is part of the consumer goods sector. Shares are up 3.9% year to date as of the close of trading on Tuesday. Currently there are 9 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 revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the negative front, Motorcar Parts of America ( MPAA), down 6.7%, Spartan Motors ( SPAR), down 5.9%, Tesla Motors ( TSLA), down 4.9% and Meritor ( MTOR), down 4.3% , were all laggards within the automotive industry with Polaris Industries ( PII) 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.

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