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Shares of Horizon Global Rank the Highest in Terms of Relative Performance in the Auto Parts & Equipment Industry (HZN , LEA , GNTX , SRI , AXL )

By Amy Schwartz

We looked at the Auto Parts & Equipment industry and measured relative performance to find the top stocks. Relative outperformance is a bullish sign of underlying fundamental and technical strength. We look at yesterday's price action of all companies in this peer group.

Horizon Global (NYSE:HZN ) ranks first with a gain of 7.37%; Lear Corp (NYSE:LEA ) ranks second with a gain of 2.74%; and Gentex Corp (NASDAQ:GNTX ) ranks third with a gain of 2.67%.

Stoneridge Inc (NYSE:SRI ) follows with a gain of 2.60% and Amer Axle & Mfg (NYSE:AXL ) rounds out the top five with a gain of 2.51%.

SmarTrend recommended that its subscribers protect gains by selling shares of Horizon Global on November 2nd, 2017 by issuing a Downtrend alert when the shares were trading at $15.04. Since that call, shares of Horizon Global have fallen 62.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: relative performance horizon global lear corp gentex corp stoneridge inc amer axle & mfg