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 Consumer Durables industry lower today making it today's featured Consumer Durables laggard. The industry as a whole closed the day down 1.0%. By the end of trading, Newell Rubbermaid fell $0.38 (-1.3%) to $29.22 on average volume. Throughout the day, 2,898,148 shares of Newell Rubbermaid exchanged hands as compared to its average daily volume of 2,553,700 shares. The stock ranged in price between $29.14-$29.56 after having opened the day at $29.52 as compared to the previous trading day's close of $29.60. Other companies within the Consumer Durables industry that declined today were:
), down 51.2%,
), down 18.1%,
), down 9.9% and
), down 6.2%.
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Newell Rubbermaid Inc. manufactures and markets consumer and commercial products worldwide. It operates through five segments: Writing, Home Solutions, Tools, Commercial Products, and Baby & Parenting. Newell Rubbermaid has a market cap of $8.3 billion and is part of the consumer goods sector. Shares are down 8.7% year to date as of the close of trading on Wednesday. Currently there are 9 analysts that rate Newell Rubbermaid a buy, no analysts rate it a sell, and 2 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth, notable return on equity, increase in stock price during the past year and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.
- You can view the full Newell Rubbermaid Ratings Report.
On the positive front,
), up 5.1%,
), up 4.4%,
), up 4.3% and
), up 3.8% , were all gainers within the consumer durables industry with
) being today's featured consumer durables industry leader.
- Use our consumer durables section to find industry-relevant news.
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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.