3 Stocks Pushing The Consumer Durables Industry Higher
1. As of noon trading, Clorox Company ( CLX) is up $0.40 (0.5%) to $83.53 on light volume Thus far, 261,587 shares of Clorox Company exchanged hands as compared to its average daily volume of 925,000 shares. The stock has ranged in price between $83.16-$83.68 after having opened the day at $83.25 as compared to the previous trading day's close of $83.13. The Clorox Company manufactures and markets consumer and professional products worldwide. Clorox Company has a market cap of $10.8 billion and is part of the consumer goods sector. The company has a P/E ratio of 19.2, above the S&P 500 P/E ratio of 17.7. Shares are up 12.5% year to date as of the close of trading on Friday. Currently there are no analysts that rate Clorox Company a buy, 1 analyst rates it a sell, and 14 rate it a hold. TheStreet Ratings rates Clorox Company as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, revenue growth, good cash flow from operations, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Clorox Company Ratings Report now. It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the consumer durables industry could consider Consumer Discretionary Sel Sec SPDR ( XLY) while those bearish on the consumer durables industry could consider ProShares Ultra Sht Consumer Goods ( SZK). A reminder about TheStreet Ratings group: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.
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