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TEN - BorgWarner: Correction Offers Good Buying Opportunity
Tenneco Inc. Class A Voting
BorgWarner’s (BWA) stock is trading near the 52-week low due to the coronavirus correction in the stock markets worldwide. The company’s turbocharger and timing products are its primary growth drivers. The company’s revenue is growing at a CAGR of 4% since the last five years and I expect revenue will grow at a CAGR of around 6% in the next five years. The stock can be bought around the current price or on slight dips.
BorgWarner is an automotive parts supplier that offers technology solutions for combustion, hybrid and electric vehicles. The company