BorgWarner (BWA), a leading player in the auto components sector is reportedly showing
upward trends driven by strong
fundamentals while it continues to
underperform the market, except for sporadic performances on certain days. The company has announced the
redemption of its 5.000%
Senior Notes Due 2025 and has been recommended as a
good buy for value investors due to its
potential long-term value. Its
quarterly earnings and guidance, both from previous and upcoming quarters, seem to be in the spotlight.
BorgWarner’s Q2 earnings exceeded estimates causing a revision in the guidance. The stock has seen action from several
investment advisors like
Mount Yale,
Swedbank, and
Algert Global. It has also sealed a noteworthy strategic agreement with
FinDreams Battery for
LFP Battery Packs, solidifying its stance in the
electric vehicles (EV) market. The company recently launched its
largest passenger twin turbochargers used in General Motors' Corvette and aims at a 25-40% eProduct sales increase in 2024.
Borgwarner BWA News Analytics from Fri, 03 Sep 2021 07:00:00 GMT to Fri, 25 Oct 2024 11:50:30 GMT -
Rating 6
- Innovation 5
- Information 7
- Rumor 4
