General Motors Company (GM), Apple Inc. (AAPL), Delphi Automotive PLC (DLPH): 3 Stocks Billionaires David Einhorn and David Tepper Love

Our database shows that these two funds were each long auto parts manufacturer Delphi Automotive PLC (NYSE:DLPH) at the beginning of July. Specifically, the $17 billion market cap company provides powertrain, electrical, and electronic components. This position could also be read as bullish on the auto industry as the determinant of final demand for Delphi’s products, though we’d note that both sales growth and improved margins contributed to the 11% increase in profits in the second quarter of 2013 versus a year earlier. The sell-side expects large increases in earnings going forward, and so Delphi Automotive PLC (NYSE:DLPH) features trailing and forward P/Es of 16 and 11 respectively with a five-year PEG ratio of 0.9 even after the stock has risen more than 80% in the last year. We wouldn’t take these forecasts at face value but certainly performance has been decent enough that we would want to do further research on Delphi Automotive PLC (NYSE:DLPH) as a potential “growth at a reasonable price” stock.

Disclosure: I own no shares of any stocks mentioned in this article.