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