15 Best Cyclical Stocks to Buy Now

14. Autoliv, Inc. (NYSE:ALV)

Number of Hedge Fund Holders: 30

Autoliv, Inc. (NYSE:ALV) ranks among the best cyclical stocks to buy now. With an Outperform rating and a $133 price target, RBC Capital Markets began coverage of Autoliv, Inc. (NYSE:ALV) on June 25, stating that the company holds a dominant position in the automobile safety market and that the complexity and regulatory nature of its products limit competition.

With over 45% of the global airbag and seat-belt market, Autoliv, Inc. (NYSE:ALV) is far ahead of its closest rival, ZF, which has approximately 20% and intends to leave the market. Additionally, Autoliv is venturing into new areas, such as motorcycles and commercial vehicles, with the goal of achieving incremental growth of 22% by 2030.

According to RBC, Autoliv’s business is less vulnerable to fluctuations in the adoption of electric vehicles since its primary products, which include steering wheels, seatbelts, and airbags, are independent of powertrain type. Additionally, the firm downplayed tariff risks by claiming that the company has little direct exposure and that vehicle production predictions have improved of late.

With its headquarters located in Stockholm, Sweden, Autoliv is a Swedish-American automobile safety supplier that was incorporated as Autoliv, Inc. (NYSE:ALV) in Delaware, USA. It is the largest supplier of vehicle safety equipment in the world, manufacturing steering wheels, seatbelts, and airbags for automakers.