Auto Part Makers Race Higher
Shares of a handful of auto equipment makers rallied to fresh highs Monday.
Shares of a handful of auto parts and equipment makers are breaking out to all-time highs Monday. Call it the “Detroit Auto Show” effect.
For their part, Visteon (NYSE:VC) and Johnson Controls (NYSE:JCI) are seeing a pop after VC agreed to buy JCI’s automotive electronics business for $265 million.
Auto Parts – Record Highs