These 5 auto ancillary stocks can deliver over 25% returns, say analysts

With both ferrous and non-metal prices cooling off from their highs and auto sales numbers improving, companies are indicating that festive season sales might turn out better than expected. Analysts are forecasting better days ahead for auto ancillary stocks. For the purpose of this report, we have selected stocks wherein the count of analysts is at least 6 and the average stock report plus score is a minimum of 6. The reason for having a minimum count of analysts for a particular sector is that higher coverage by analysts indicates higher institutional interest in an individual stock. The list is based on the upside estimates by analysts, with the highest potential stock coming at the top of the list.