LONDON, April 17, 2013 /PRNewswire/ --
Auto sales in the U.S. rose in 2012 as cheap financing boosted demand. With interest rates expected to remain at record low levels, the trend is likely to continue. Auto sales in China are also expected to rise in 2013. Rising auto sales will boost production, which should benefit auto parts manufacturers such as Lear Corporation (NYSE: LEA), BorgWarner Inc. (NYSE: BWA), WABCO Holdings Inc. (NYSE: WBC), and Visteon Corp. (NYSE: VC). Shares of auto parts manufacturers ended mostly higher on Tuesday, tracking gains in the broad market, which rebounded sharply after posting the biggest intra-day loss so far in 2013 in the previous trading session. StockCall has taken an interest in these companies and you can now sign up to download the free technical research on LEA, BWA, WBC, and VC at
http://www.stockcall.com/registration
Shares of Lear Corporation ended marginally higher on Tuesday, reversing some of the recent losses. The stock closed 0.42% higher at $53.05 on volume of 630,600. Lear's shares are now down more than 3.50% in the last three sessions. The stock recently fell below its 50-day moving average, which is a bearish signal. Its MACD has also slipped below the signal line and the zero-line, which further confirms the negative trend. Despite the recent losses, the company's shares are still up more than 13.60% for the year. Sign up today to read the free research report on LEA at
http://www.StockCall.com/LEA041713.pdf
BorgWarner Inc.'s shares were among the major gainers in the consumer goods sector on Tuesday. The stock closed 3.15% higher at $74.08 on above average volume of 1 million. It touched an intra-day high of $74.16. Despite the gains on Tuesday, BorgWarner's shares have fallen 1.75% in the last three trading sessions. The company's shares have gained more than 3.40% so far in 2013, compared to a gain of 10.40% for the S&P 500. The stock has recently slipped below its 50-day moving average. Shares of BWA currently have support at around $72. Register to download the free technical analysis on BWA at
http://www.StockCall.com/BWA041713.pdf
Another major gainer in the consumer goods sector on Tuesday was WABCO Holdings Inc. The stock closed 1.74% higher at $66.58 on volume of 417,200 after trading between $65.80 and $66.70. WABCO's shares have fallen nearly 2.90% in the last three trading sessions. Year-to-date, the stock has gained more than 2.10%, underperforming the S&P 500. Shares of WBC are also trading below their 50-day moving average, which is a bearish signal. The downbeat trend is further confirmed by the stock's MACD chart. Free report on WBC can be accessed by registering at
http://www.StockCall.com/WBC041713.pdf
Visteon Corp.'s shares slipped in Tuesday's trading session even as the broad market rallied. The stock fell to an intra-day low of $54.83 before finishing the day 0.63% lower at $54.98 on above average volume of 399,600. Visteon's shares have now fallen nearly 4.60% in the last three trading sessions. The company's shares have traded sideways since the start of this year, struggling to break through $58 resistance level. The stock recently slipped below its 50-day moving average, which is a bearish signal. Its MACD has also slipped below the signal line and the zero-line, further confirming the negative trend. Register with StockCall and download the research on VC for free at
http://www.StockCall.com/VC041713.pdf
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