BorgWarner Inc. (BWA) Rallies with Market
BorgWarner is an Auburn Hills Michigan power train manufacturer that has had recent gains in earnings and sales with the stock close to reaching a new 52 week high just yesterday. A member of the S&P 400 Mid Cap Index, the company has beat earnings estimates its past four quarters and expects sales to increase 34% this year. Analyst have increased their expectations for the current quarter from 48 cents a share to 59 cents a share over the past 90 days.