Is auto parts giant Johnson Controls (NYSE:JCI) a buy right now? It might be, but like any cyclical company, timing is important -- and there are definitely risks. In this video, Fool contributor John Rosevear looks at three things that any Johnson Controls investor -- or anyone considering an investment -- should be watching closely.

Fool contributor John Rosevear owns shares of Ford and General Motors. Follow him on Twitter at @jrosevear. The Motley Fool recommends and owns shares of Ford. It also recommends General Motors. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.