Should you buy auto parts stocks?

This means fewer new cars have been sold, and the demand for auto parts has surged as more people drive used vehicles, which tend to require more maintenance. While new auto manufacturing is expected to rebound, the outlook for auto parts stocks remains quite bullish. 10 High-Quality Stocks With Dividend Yields of 4% or More

What is the auto parts industry?

The auto parts industry is a vital component of the global automotive sector. It encompasses the manufacturing, distribution, and sale of various components and parts used in the production and repair of vehicles. Auto parts include everything from engines, transmissions, brakes, and steering systems to electronics, tires, and batteries.

Which auto parts stocks are a good investment?

Some of the most widely held auto parts stocks among institutional investors include LKQ Corporation (NASDAQ:LKQ), Autoliv Inc. (NYSE:ALV), and Aptiv PLC (NYSE:APTV). Mobileye Global Inc. (NASDAQ:MBLY) is involved in the design and development of advanced driver assistance systems (ADAS) and autonomous driving technologies.