Investopedia: BorgWarner Still In A Long-Term Growth Lane

It has been nearly a year since I last wrote on BorgWarner (NYSE:BWA), but in the intervening months a lot of my predictions seemed to come true. In particular, the stock faltered a couple of times on weakness in light vehicle production numbers and investors had the opportunity to buy shares of this high-quality auto components company in the $60s.

Since the late 2012 swoon, though, these shares have rebounded by a third even though European vehicle production remains weak. While liking these shares in the $60s was easy, buying in in the $80s takes a little more faith in an aggressive long-term growth story that isn't often seen in the auto components sector.

Please read more here:
http://www.investopedia.com/stock-analysis/051313/borgwarner-still-longterm-growth-lane-bwa-hon-dlph-etn-lea-towr-cmi-itw-axl-mtor.aspx