Can BorgWarner Continue Its Climb? (BWA)
Although not necessarily an "under the radar" stock, BorgWarner (NYSE: BWA) may not be at the forefront of most investors minds. The stock does not trade huge volume, and the company only has a market cap of $6.31 billion. The performance of BWA, however, should be of interest to investors. This has been a solid stock.
Year-to-date, BWA has gained nearly 67%. There has been very little weakness whatsoever in the share price, and the stock is now trading near new all-time highs. During Thursday's trading session, BWA has gained 0.40% to $55.42. The all-time high in the name is $55.94.
The shares trade at a trailing P/E of 28.58, a forward P/E of 15.81, and a PEG ratio of 0.58. The median Wall Street target price on the stock is $54.00 with a high target of $63.00.
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