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Malaika Alphonsus

HISTORICAL FACTS: 4 top rated auto parts stocks under 25 - The Untold Story

Auto Parts BRDCY ITRN Modine United States Bridgestone Corporation Ituran Location and Control Ltd Modine Manufacturing Company

High inflation, supply chain snarls, and high borrowing rates have challenged the auto industry over the past year. However, auto sales are expected to return to pre-pandemic levels this year, with a growth of 9%.

The auto parts industry’s prospects are closely linked to auto sales. To that end, it could be wise for investors to buy top-rated auto parts stocks Bridgestone Corporation (BRDCY), JTEKT Corporation (JTEKY), Modine Manufacturing Company (MOD), and Ituran Location and Control Ltd. (ITRN). These stocks are A (Strong Buy) rated in our POWR Ratings system and are trading under $25.

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