Considering investing in auto parts stocks? While the best auto parts stocks depend on your portfolio and investment goals, we've identified some auto parts stocks that are worth keeping an eye on in the car parts sector. Keep reading to learn more about auto parts stocks and how to start investing.
9 popular auto parts stocks to watch
We round up a selection of stocks in or related to the car parts industry, weighting the list more heavily towards popular mid- and large-cap stocks.
| Best stock | 1-year return | Market cap | Exchange | Volume | Buy now on CIBC Investor's Edge |
|---|---|---|---|---|---|
| AutoZone (AZO.US) | 23.73% | $65.9 billion (USD) | NYSE | 91,500 | Buy now |
| Advance Auto Parts (AAP.US) | 20.06% | $3.1 billion (USD) | NYSE | 1,323,415 | Buy now |
| N/A (SYPR.US) | 44.00% | (data unavailable) | N/A | 28,425 | Buy now |
| Genuine Parts (GPC.US) | 4.06% | $18.1 billion (USD) | NYSE | 901,090 | Buy now |
| Tsakos Energy Navigation (TEN.US) | (data unavailable) | $737.8 million (USD) | NYSE | (data unavailable) | Buy now |
| Superior Industries International (SUP.US) | (data unavailable) | $9.6 million (USD) | NYSE | (data unavailable) | Buy now |
| O’Reilly Automotive (ORLY.US) | -91.85% | $85.7 billion (USD) | NASDAQ | 4,589,900 | Buy now |
| Magna International (MGA.US) | 8.08% | $13.9 billion (USD) | NYSE | 1,051,800 | Buy now |
| Lear Corporation (LEA.US) | (data unavailable) | $5.8 billion (USD) | NYSE | (data unavailable) | Buy now |
What to look for when investing in auto parts stock
The car parts industry is affected by a range of complex factors such as trade policies, regulations, and fluctuating supply and demand. So when considering auto parts stocks to buy, it's important that you have access to vital information about a company's financial health, leadership team, and market positioning.
Also keep in mind that, while volatility can be ideal for day traders, long-term investors will want to look for stocks to offer steadier gains over time.
How to invest in auto parts stock
- Research the car parts industry. Before investing, learn about the auto parts stock sector, its trends and the companies within it. Look at each company's financial health, potential for growth and past performance to identify stocks that fit your investment goals.
- Choose a stock trading platform. Compare trading fees, access to trading tools and user interface options. We've identified reliable trading platforms to help narrow down your options below or check out the best stock trading apps in Canada to find one that suits your needs.
- Open and fund your account. Sign up with your personal details and link a bank account or funding method to deposit money before you start trading.
- Select the auto parts stock(s) to buy. Search by company name or ticker symbol, like AZO or AAP. Compare key metrics such as market cap, price history and earnings per share to pick the best stock for your strategy.
- Buy the stock and monitor performance. Place your order to buy the stock and track its performance over time. Consider setting alerts, signing up for industry newsletters or using platform research tools to stay up to date on market changes.
Our top picks for where to buy auto parts stocks
Are auto parts stocks a good investment?
While it's possible to turn a profit investing in auto parts stocks, keep in mind that—like any investment—auto parts stocks are not immune to risk. These stocks are subject to fluctuating conditions both in the market and in the car parts industry, so carefully vet your picks before you invest.What are the best auto parts stocks?
A lot of factors go into picking the best auto parts stocks. Stock performance can be impacted by factors like market conditions, company decisions and global events. Plus, what may be a strong auto parts stock investment for one person might not be suitable for another.
That said, we rounded up this list of popular auto parts stocks in or related to the car parts industry to help narrow down your options:
- AutoZone (AZO)
- Advance Auto Parts (AAP)
- N/A (N/A)
- Genuine Parts (GPC)
- Tsakos Energy Navigation (TEN)
- Superior Industries International (SUP)
- O’Reilly Automotive (ORLY)
- Magna International (MGA)
- Lear Corporation (LEA)
Keep in mind that this is not a "best" list or a recommendation. It highlights some auto parts stocks for informational purposes only and does not indicate past or future performance or investment advice. We do not guarantee any investment performance.
We've outlined detailed company and stock performance details for each auto parts stock below. Keep reading to decide if any of these companies are the right investment for you.
AutoZone (AZO)
AutoZone, Inc. operates as a retailer and distributor of automotive replacement parts and accessories in the United States, Mexico, and Brazil. The company offers a product line for cars, sport utility vehicles, vans, and light duty trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products.
| Closing stock price | $3,946.99 |
|---|---|
| Market Capitalization | $65.9 billion |
| Gross profit (TTM) | $10 billion |
| Profit margin | 13.19% |
| Revenue (TTM) | $18.9 billion |
| Earnings per share (TTM) | $144.73 |
| 52-week stock price range | $3,162.00 – $4,388.11 |
Advance Auto Parts (AAP)
Advance Auto Parts, Inc. engages in the provision of automotive aftermarket parts in the United States and internationally. The company offers batteries and battery accessories; belts and hoses; brakes and brake pads; chassis parts; climate control parts; clutches and drive shafts; engines and engine parts; exhaust systems and parts; hub assemblies; ignition components and wire; radiators and cooling parts; starters and alternators; and steering and alignment parts.
| Closing stock price | $52.84 |
|---|---|
| Market Capitalization | $3.1 billion |
| Gross profit (TTM) | $3.7 billion |
| Profit margin | -4.37% |
| Revenue (TTM) | $8.6 billion |
| Earnings per share (TTM) | -$10.22 |
| 52-week stock price range | $28.40 – $69.65 |
N/A (N/A)
N/A. . .
| Closing stock price | N/A2.16 |
|---|
Genuine Parts (GPC)
Genuine Parts Company distributes automotive and industrial replacement parts. It operates in two segments, Automotive Parts Group and Industrial Parts Group. The company distributes automotive parts, accessories and solutions and replacement parts for hybrid and electric vehicles, trucks, SUVs, buses, motorcycles, farm equipment, and heavy duty equipment; and equipment parts and technologies.
| Closing stock price | $129.95 |
|---|---|
| Market Capitalization | $18.1 billion |
| Gross profit (TTM) | $8.9 billion |
| Profit margin | 3.36% |
| Revenue (TTM) | $24.1 billion |
| Earnings per share (TTM) | $5.82 |
| 52-week stock price range | $102.41 – $143.11 |
Tsakos Energy Navigation (TEN)
Tsakos Energy Navigation Limited provides seaborne crude oil and petroleum product transportation services worldwide. The company offers marine transportation services for national, major, and other independent oil companies and refiners under long, medium, and short-term charters. It also operates a fleet of double-hull vessels, such as conventional tankers, LNG carriers, and suezmax DP2 shuttle tankers.
| Market Capitalization | $737.8 million |
|---|---|
| Gross profit (TTM) | $405.8 million |
| Profit margin | 15.97% |
| Revenue (TTM) | $764.8 million |
| Earnings per share (TTM) | $3.16 |
| 52-week stock price range | $13.01 – $26.69 |
Superior Industries International (SUP)
Superior Industries International, Inc. , together with its subsidiaries, designs, manufactures, and sells aluminum wheels in North America and Europe. The company offers its products under the ATS, RIAL, ALUTEC, and ANZIO brands.
| Market Capitalization | $9.6 million |
|---|---|
| Gross profit (TTM) | $105.5 million |
| Profit margin | -4.59% |
| Revenue (TTM) | $1.3 billion |
| Earnings per share (TTM) | -$3.65 |
| 52-week stock price range | $0.08 – $2.96 |
O’Reilly Automotive (ORLY)
O'Reilly Automotive, Inc. , together with its subsidiaries, operates as a retailer and supplier of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States, Puerto Rico, Mexico, and Canada. The company provides new and remanufactured automotive hard parts and maintenance items, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, temperature control, water pumps, antifreeze, appearance products, engine additives, filters, fluids, lighting products, and oil and wiper blades; and accessories, including floor mats, seat covers, and truck accessories.
| Closing stock price | $101.24 |
|---|---|
| Market Capitalization | $85.7 billion |
| Gross profit (TTM) | $9 billion |
| Profit margin | 14.23% |
| Revenue (TTM) | $17.5 billion |
| Earnings per share (TTM) | $2.89 |
| 52-week stock price range | $78.30 – $108.72 |
Magna International (MGA)
Magna International Inc. manufactures and supplies vehicle engineering, contract, and automotive space. It operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles.
| Closing stock price | $49.50 |
|---|---|
| Market Capitalization | $13.9 billion |
| Gross profit (TTM) | $5.8 billion |
| Profit margin | 2.47% |
| Revenue (TTM) | $41.8 billion |
| Earnings per share (TTM) | $3.65 |
| 52-week stock price range | $29.37 – $50.77 |
Lear Corporation (LEA)
Lear Corporation designs, develops, engineers, manufactures, assembles, and supplies automotive seating, and electrical distribution systems and related components for automotive original equipment manufacturers in North America, Europe, Africa, Asia, and South America. Its Seating segment offers seat systems, seat subsystems, keyseat components, seat trim covers, seat mechanisms, seat foams, and headrests, as well as surface materials, such as leather and fabric for automobiles and light trucks, compact cars, pick-up trucks, and sport utility vehicles. The company's E-Systems segment provides electrical distribution and connection systems that route electrical signals and networks; and manage electrical power within the vehicle for various powertrains.
| Market Capitalization | $5.8 billion |
|---|---|
| Gross profit (TTM) | $1.7 billion |
| Profit margin | 1.92% |
| Revenue (TTM) | $23 billion |
| Earnings per share (TTM) | $8.20 |
| 52-week stock price range | $72.69 – $113.10 |
Compare trading platforms to buy auto parts stock
Compare special offers, low fees and a wide range of investment options among popular trading platforms in Canada. Note that the dollar amounts in the table below are in CAD.
Finder Score for stock trading platforms
To make comparing even easier we came up with the Finder Score. Trading costs, account fees and features across 10+ stock trading platforms and apps are all weighted and scaled to produce a score out of 10. The higher the score, the better the platform—it's that simple.
Bottom line
If you're considering adding auto parts stocks to your portfolio, make sure you thoroughly look into any companies before investing to help mitigate risk. We've compiled a list of auto parts stocks to help narrow down your options. Then choose a legitimate stock trading platform to start investing. After that it comes down to monitoring the car parts industry to know when to buy, sell or hold.Frequently asked questions about auto parts stocks
Sources
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