Beam Inc (BEAM): Today's Featured Consumer Durables Loser - TheStreet

Beam

(

BEAM

) pushed the Consumer Durables industry lower today making it today's featured Consumer Durables loser. The industry as a whole closed the day up 1%. By the end of trading, Beam fell 74 cents (-1.2%) to $61.70 on light volume. Throughout the day, 694,654 shares of Beam exchanged hands as compared to its average daily volume of 974,700 shares. The stock ranged in price between $61.65-$62.96 after having opened the day at $62.57 as compared to the previous trading day's close of $62.44. Other company's within the Consumer Durables industry that declined today were:

Mad Catz Interactive

(

MCZ

), down 11.4%,

Ethan Allen Interiors

(

ETH

), down 2.6%,

Spectrum Brands Holdings

(

SPB

), down 2.5%, and

Whirlpool Corporation

(

WHR

), down 2.5%.

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Beam Inc. engages in producing and selling branded distilled spirits products worldwide. Beam has a market cap of $10.01 billion and is part of the

consumer goods

sector. Currently there are five analysts that rate Beam a buy, no analysts rate it a sell, and three rate it a hold.

TheStreet Ratings rates Beam as a

buy

. The company's strengths can be seen in multiple areas, such as its increase in net income, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the positive front,

Chromcraft Revington

(

CRC

), up 8.7%,

Nautilus Group

(

NLS

), up 6.9%,

Sony Corporation

(

SNE

), up 5.6%, and

LSI Industries

(

LYTS

), up 4.9%, were all gainers within the consumer durables industry with

Koninklijke Philips Electronics

(

PHG

) being today's featured consumer durables industry winner.

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

(

XLY

) while those bearish on the consumer durables industry could consider

ProShares Ultra Sht Consumer Goods

(

SZK

).

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