Tesla Motors Inc. (TSLA): Today's Featured Automotive Winner

Tesla Motors was a winner within the automotive industry, rising $4.29 (3.4%) to $129.90 on average volume
By TheStreet Wire ,

Tesla Motors

(

TSLA

) pushed the Automotive industry higher today making it today's featured automotive winner. The industry as a whole closed the day up 0.1%. By the end of trading, Tesla Motors rose $4.29 (3.4%) to $129.90 on average volume. Throughout the day, 9,955,002 shares of Tesla Motors exchanged hands as compared to its average daily volume of 9,939,000 shares. The stock ranged in a price between $124.51-$129.94 after having opened the day at $125.50 as compared to the previous trading day's close of $125.61. Other companies within the Automotive industry that increased today were:

Federal-Mogul

(

FDML

), up 3.2%,

Winnebago Industries

(

WGO

), up 2.5%,

Thor Industries

(

THO

), up 2.5% and

Harley-Davidson

(

HOG

), up 1.6%.

Tesla Motors, Inc. designs, develops, manufactures, and sells electric vehicles and electric vehicle powertrain components. Tesla Motors has a market cap of $14.1 billion and is part of the consumer goods sector. Shares are up 261.0% year to date as of the close of trading on Thursday. Currently there are 7 analysts that rate Tesla Motors a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Tesla Motors as a

hold

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and increase in net income. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and poor profit margins.

On the negative front,

China Automotive Systems

(

CAAS

), down 6.2%,

Hyster-Yale Materials Handling

(

HY

), down 2.2%,

Arctic Cat

(

ACAT

), down 1.9% and

Westport Innovations

(

WPRT

), down 1.7% , were all laggards within the automotive industry with

Navistar International

(

NAV

) being today's automotive industry laggard.

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

).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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