After years of grim news, the hiring trend in motor-and-vehicle-parts manufacturing is gaining ground. Between June and July, 12,000 jobs were created in the United States in this industry.
Seth Rabinowitz of Silicon Associates, which is a management-consulting firm, recommends AutoZone (NYSE: AZO; Price: $316.55) and Advance Auto Parts (NYSE: AAP; Price: $58.65), in part because when the market is down, more consumers fix their own vehicles. These two companies also supply parts to mechanics. He also picks Ford (NYSE: F; Price: $9.46) for its international market penetration and its strong growth.