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) pushed the Consumer Durables industry lower today making it today's featured Consumer Durables laggard. The industry as a whole closed the day down 0.8%. By the end of trading, Harman International Industries fell $1.28 (-2.0%) to $64.02 on light volume. Throughout the day, 625,619 shares of Harman International Industries exchanged hands as compared to its average daily volume of 843,000 shares. The stock ranged in price between $63.83-$65.39 after having opened the day at $65.39 as compared to the previous trading day's close of $65.30. Other companies within the Consumer Durables industry that declined today were:
), down 7.0%,
), down 5.2%,
), down 5.1% and
), down 5.0%.
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Harman International Industries, Incorporated designs, develops, manufactures, and markets audio products, lighting solutions, and electronic systems, as well as digitally integrated audio and infotainment systems for the automotive industry worldwide. Harman International Industries has a market cap of $4.4 billion and is part of the consumer goods sector. Shares are up 46.3% year to date as of the close of trading on Thursday. Currently there are 2 analysts that rate Harman International Industries a buy, 1 analyst rates it a sell, and 2 rate it a hold.
TheStreet Ratings rates
Harman International Industries
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Harman International Industries Ratings Report.
On the positive front,
), up 13.0%,
), up 11.3%,
), up 6.1% and
), up 3.3%.
- 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
) while those bearish on the consumer durables industry could consider
- Find other investment ideas from our top rated ETFs lists.