
Despite macroeconomic concerns, increased demand is projected to keep auto sales in the US strong. Also, the introduction of new and creative car models is projected to boost sales further.
So, investors interested in investing in quality auto stocks can consider buying Continental Aktiengesellschaft (CTTAY), Garrett Motion Inc. (GTX), and Commercial Vehicle Group, Inc. (CVGI). These stocks are A (Strong Buy) rated in our POWR Ratings system and are currently trading under $10.