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3 Stocks Pushing The Consumer Durables Industry Lower

Editor's Note: 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

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 42 points (0.3%) at 14,338 as of Thursday, March 7, 2013, 11:50 AM ET. The NYSE advances/declines ratio sits at 1,674 issues advancing vs. 1,197 declining with 153 unchanged.

The Consumer Durables industry currently sits up 0.1% versus the S&P 500, which is up 0.2%. A company within the industry that fell today was Panasonic Corporation ( PC), up 1.8%.

TheStreet Ratings group would like to highlight 3 stocks pushing the industry lower today:

3. Blount International ( BLT) is one of the companies pushing the Consumer Durables industry lower today. As of noon trading, Blount International is down $1.38 (-8.9%) to $14.17 on heavy volume Thus far, 800,450 shares of Blount International exchanged hands as compared to its average daily volume of 397,300 shares. The stock has ranged in price between $13.38-$14.71 after having opened the day at $13.52 as compared to the previous trading day's close of $15.55.

Blount International, Inc., together with its subsidiaries, designs, manufactures, and markets equipment, replacement and component parts, and accessories to forestry, lawn and garden, farm, ranch, agriculture, and construction sectors in the United States and internationally. Blount International has a market cap of $761.3 million and is part of the consumer goods sector. The company has a P/E ratio of 19.1, above the S&P 500 P/E ratio of 17.7. Shares are down 2.0% year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate Blount International a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Blount International as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, growth in earnings per share and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Blount International Ratings Report now.

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