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Stoneridge Inc is Among the Companies in the Auto Parts & Equipment Industry with the Best Relative Performance (SRI , DLPH , TEN , AXL , DAN )

By James Quinn

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.

Stoneridge Inc (NYSE:SRI ) ranks first with a gain of 3.99%; Delphi Automotiv (NYSE:DLPH ) ranks second with a gain of 0.90%; and Tenneco Inc (NYSE:TEN ) ranks third with a gain of 0.67%.

Amer Axle & Mfg (NYSE:AXL ) follows with a gain of 0.32% and Dana Inc (NYSE:DAN ) rounds out the top five with a gain of 0.21%.

SmarTrend recommended that subscribers consider buying shares of Stoneridge Inc on March 13th, 2018 as our technology indicated a new Uptrend was in progress when shares hit $25.25. Since that recommendation, shares of Stoneridge Inc have risen 17.2%. We continue to monitor Stoneridge Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance stoneridge inc delphi automotiv tenneco inc amer axle & mfg dana inc