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Autoliv Inc. (ALV): Today's Featured Automotive Loser

Autoliv Inc ( ALV) pushed the Automotive industry lower today making it today's featured Automotive loser. The industry as a whole was unchanged today. By the end of trading, Autoliv Inc fell 71 cents (-1.3%) to $52.57 on light volume. Throughout the day, 519,758 shares of Autoliv Inc exchanged hands as compared to its average daily volume of one million shares. The stock ranged in price between $52.30-$53.93 after having opened the day at $53.36 as compared to the previous trading day's close of $53.28. Other company's within the Automotive industry that declined today were: Douglas Dynamics Inc ( PLOW), down 5.3%, Miller Industries ( MLR), down 3.9%, Fuel Systems Solutions Inc ( FSYS), down 3.6%, and American Axle & Mfg Holdings Inc ( AXL), down 3.2%.

Autoliv, Inc., through its subsidiaries, develops, manufactures, and supplies automotive safety systems to automotive industry. Autoliv Inc has a market cap of $4.46 billion and is part of the consumer goods sector. The company has a P/E ratio of 7.3, equal to the average automotive industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 32.5% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Autoliv as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity and attractive valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Cycle Country Accessories Corporation ( ATC), up 12.7%, Quantum Fuel Systems Technologies Worldwide ( QTWW), up 10.2%, Westport Innovations ( WPRT), up 5.2%, and China Zenix Auto International Ltd ADR ( ZX), up 4.5%, were all gainers within the automotive industry with BorgWarner Inc ( BWA) being today's featured automotive industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the automotive industry could consider Consumer Discretionary Sel Sec SPDR ( XLY) while those bearish on the automotive industry could consider ProShares Ultra Sht Consumer Goods ( SZK).

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