BorgWarner (BWA)
shares have already recouped some of the panic-selling declines, but
the shares continue to trade well below what I believe to be a fair
long-term assessment of the company’s value, with or without the Delphi (DLPH)
deal. The process of getting auto production back on its feet will be a
challenge, as will the conversion/evolution toward electric
powertrains, but I believe it’s a challenge that BorgWarner is up for,
and I believe buying today offers attractive long-term value.
Read more here:
BorgWarner Looks Undervalued As A Post-Panic Recovery Play
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