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BorgWarner (BWA) in Focus: Stock Moves 5% Higher

BorgWarner Inc.BWA was a big mover last session, as the company saw its shares rise 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $42.98 -$46.19 in the past one-month time frame, witnessed a sharp increase yesterday.

The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

BorgWarner currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

BorgWarner Inc. Price

BorgWarner Inc. Price | BorgWarner Inc. Quote

A better-ranked stock in the Automotive - Original Equipment industry is Allison Transmission Holdings, Inc. ALSN , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .

Is BWA going up? Or down? Predict to see what others think: Up or Down

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With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.

It's not the one you think.

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Allison Transmission Holdings, Inc. (ALSN): Free Stock Analysis Report

BorgWarner Inc. (BWA): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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