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

Tesla Motors was a winner within the automotive industry, rising $2.75 (2.3%) to $122.43 on average volume
By TheStreet Wire ,

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

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 0.9%. By the end of trading, Tesla Motors rose $2.75 (2.3%) to $122.43 on average volume. Throughout the day, 9,777,427 shares of Tesla Motors exchanged hands as compared to its average daily volume of 11,149,000 shares. The stock ranged in a price between $119.88-$126.68 after having opened the day at $119.89 as compared to the previous trading day's close of $119.68. Other companies within the Automotive industry that increased today were:

Federal-Mogul

(

FDML

), up 30.6%,

China Automotive Systems

(

CAAS

), up 12.1%,

Oshkosh Corporation

(

OSK

), up 3.6% and

Navistar International

(

NAV

), up 3.0%.

Tesla Motors, Inc. designs, develops, manufactures, and sells electric vehicles and electric vehicle powertrain components. Tesla Motors has a market cap of $13.8 billion and is part of the consumer goods sector. Shares are up 253.4% year to date as of the close of trading on Friday. 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,

Quantum Fuel Systems Technologies Worldwide

(

QTWW

), down 5.4%,

Accuride

(

ACW

), down 1.8% and

Gentherm

(

THRM

), down 1.6%.

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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