Here's Why You Should Hold BorgWarner Stock in Your Portfolio Now
BorgWarner(BWA) ZACKS·2024-11-13 00:36
BorgWarner Inc. (BWA) is poised to benefit from EV-focused mergers and acquisitions, frequent business wins and PowerDrive Systems restructuring amid currency fluctuations and a lower market production outlook. Let’s find out why this Zacks Rank #3 (Hold) stock is worth retaining at the moment.Frequent Business Wins, Restructuring to Aid BorgWarnerThe company's EV-focused mergers and acquisitions are boosting its prospects. The acquisition of the charging business of SSE in China — completed in March 2023 — ...