BorgWarner shares could climb to $50-Barron's

Newswire

NEW YORK, June 27 (Reuters) - Auto parts maker BorgWarner Inc is the best way to invest in the global push toward toward more fuel-efficient vehicles, according to an article in the June 28th edition of Barron's. The company is trading at the low end of its historical price-to-earnings multiple range despite a bright outlook, according to the article in the weekly financial publication. The stock, which has been trading at around $40, could reach $50 within a year, the Barron's article ...

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