Newell Rubbermaid Inc (NWL): Today's Featured Consumer Durables Laggard
(
) pushed the Consumer Durables industry lower today making it today's featured Consumer Durables laggard. The industry as a whole closed the day up 0.3%. By the end of trading, Newell Rubbermaid fell $0.27 (-1.0%) to $26.64 on light volume. Throughout the day, 1,837,899 shares of Newell Rubbermaid exchanged hands as compared to its average daily volume of 2,456,100 shares. The stock ranged in price between $26.41-$26.97 after having opened the day at $26.88 as compared to the previous trading day's close of $26.91. Other companies within the Consumer Durables industry that declined today were:
(
), down 10.3%,
(
), down 4.4%,
(
), down 2.2% and
(
), down 2.0%.
Newell Rubbermaid Inc. designs, manufactures, and markets consumer and commercial products worldwide. It operates in six segments: Home Solutions, Writing, Tools, Commercial Products, Baby & Parenting, and Specialty. Newell Rubbermaid has a market cap of $7.7 billion and is part of the consumer goods sector. Shares are up 20.8% year to date as of the close of trading on Tuesday. Currently there are 8 analysts that rate Newell Rubbermaid a buy, no analysts rate it a sell, and 2 rate it a hold.
TheStreet Ratings rates
Newell Rubbermaid
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, notable return on equity, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Newell Rubbermaid Ratings Report.
On the positive front,
Global-Tech Advanced Innovations
(
), up 6.2%,
(
), up 4.2%,
(
), up 3.1% and
(
), up 2.9% , were all gainers within the consumer durables industry with
(
) being today's featured consumer durables industry leader.
- Use our consumer durables section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer durables industry could consider
Consumer Discretionary Sel Sec SPDR
(
) while those bearish on the consumer durables industry could consider
ProShares Ultra Sht Consumer Goods
(
).
- Find other investment ideas from our top rated ETFs lists.
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