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.
) pushed the Automotive industry higher today making it today's featured automotive winner. The industry as a whole closed the day up 1.0%. By the end of trading, General Motors rose $0.49 (1.4%) to $36.84 on light volume. Throughout the day, 15,473,764 shares of General Motors exchanged hands as compared to its average daily volume of 24,679,300 shares. The stock ranged in a price between $36.48-$37.07 after having opened the day at $36.88 as compared to the previous trading day's close of $36.35. Other companies within the Automotive industry that increased today were:
), up 4.3%,
), up 4.3%,
), up 3.3% and
), up 3.2%.
- EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
General Motors Company (GM) designs, manufactures, and markets cars, crossovers, trucks, and automobile parts worldwide. General Motors has a market cap of $51.1 billion and is part of the consumer goods sector. The company has a P/E ratio of 15.6, below the S&P 500 P/E ratio of 17.7. Shares are down 11.1% year to date as of the close of trading on Wednesday. Currently there are 10 analysts that rate General Motors a buy, no analysts rate it a sell, and 3 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full General Motors Ratings Report.
On the negative front,
), down 4.9% and
), down 1.5%.
- Use our automotive 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 automotive industry could consider
) while those bearish on the automotive industry could consider
- Find other investment ideas from our top rated ETFs lists.