Tesla Motors Inc. (TSLA): Today's Featured Consumer Goods Winner
(
) pushed the Consumer Goods sector higher today making it today's featured consumer goods winner. The sector as a whole closed the day down 0.4%. By the end of trading, Tesla Motors rose $2.02 (7%) to $30.79 on heavy volume. Throughout the day, 2.4 million shares of Tesla Motors exchanged hands as compared to its average daily volume of 1.2 million shares. The stock ranged in a price between $30-$31.34 after having opened the day at $30.10 as compared to the previous trading day's close of $28.77. Other companies within the Consumer Goods sector that increased today were:
(
), up 10.3%,
Quantum Fuel Systems Technologies Worldwide
(
), up 8.9%,
(
), up 8.3%, and
(
), up 7.8%.
Tesla Motors, Inc. designs, develops, manufactures, and sells electric vehicles and electric vehicle powertrain components. The company offers Tesla Roadster, an electric sports car. Tesla Motors has a market cap of $3.01 billion and is part of the
industry. Shares are up 0.7% year to date as of the close of trading on Monday. Currently there are six analysts that rate Tesla Motors a buy, two analysts rate it a sell, and two rate it a hold.
TheStreet Ratings rates Tesla Motors as a
. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, expanding profit margins and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and feeble growth in the company's earnings per share.
- You can view the full Tesla Ratings Report.
On the negative front,
(
), down 16.1%,
(
), down 15.6%,
(
), down 9.8%, and
(
), down 9.4%, were all losers within the consumer goods sector with
(
) being today's consumer goods sector loser.
- Use our consumer goods section to find sector-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 goods sector could consider
iShares Dow Jones US Cons Goods
(
) while those bearish on the consumer goods sector could consider
ProShares Ultra Sht Consumer Goods
(
).
- Find other investment ideas from our top rated ETFs lists.
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