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Auburn Hills, Michigan-based BorgWarner Inc. (BWA) provides solutions for combustion, hybrid, and electric vehicles worldwide. With a market cap of $7.7 billion, its offerings include turbochargers, Boosters, Turbos, emissions systems, thermal systems, gasoline ignition technology, and more.
BorgWarner has underperformed the broader market by a huge margin over the past year. BWA stock is down 2.2% in 2024 and up 7.5% over the past 52 weeks, lagging behind the S&P 500 Index’s ($SPX) surge of 25.2% on a YTD basis and 36.4% over the past 52-week period.