Toyota Motor

(

TM

) pushed the Automotive industry higher today making it today's featured automotive winner. The industry as a whole closed the day down 0.6%. By the end of trading, Toyota Motor rose 55 cents (0.7%) to $76.89 on light volume. Throughout the day, 294,619 shares of Toyota Motor exchanged hands as compared to its average daily volume of 435,800 shares. The stock ranged in a price between $76.43-$77.24 after having opened the day at $76.89 as compared to the previous trading day's close of $76.34. Other companies within the Automotive industry that increased today were:

Supreme Industries

(

STS

), up 11.1%,

Spartan Motors

(

SPAR

), up 3.9%,

Standard Motor Products

(

SMP

), up 2.7%, and

Federal Signal

(

FSS

), up 2.7%.

Toyota Motor Corporation engages in the design, manufacture, assembly, and sale of passenger cars, minivans, and commercial vehicles. Toyota Motor has a market cap of $120.8 billion and is part of the

consumer goods

sector. The company has a P/E ratio of 24.5, below the average automotive industry P/E ratio of 35.1 and above the S&P 500 P/E ratio of 17.7. Shares are up 15.4% year to date as of the close of trading on Wednesday. Currently there are no analysts that rate Toyota Motor a buy, no analysts rate it a sell, and one rates it a hold.

TheStreet Ratings rates Toyota Motor as a

buy

. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

On the negative front,

ATC Venture Group

(

ATC

), down 15.8%,

Tenneco

(

TEN

), down 3.8%,

Titan International

(

TWI

), down 3.7%, and

Enova Systems

(

ENA

), down 3.6%, were all losers within the automotive industry with

Johnson Controls

(

JCI

) being today's automotive industry loser.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the automotive industry could consider

Consumer Discretionary Sel Sec SPDR

(

XLY

) while those bearish on the automotive industry could consider

ProShares Ultra Sht Consumer Goods

(

SZK

).

null