Skip to main content

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.

Wabco Holdings Incorporated



) pushed the Automotive industry higher today making it today's featured automotive winner. The industry as a whole closed the day up 0.8%. By the end of trading, Wabco Holdings Incorporated rose $0.86 (1.0%) to $85.75 on average volume. Throughout the day, 432,245 shares of Wabco Holdings Incorporated exchanged hands as compared to its average daily volume of 411,500 shares. The stock ranged in a price between $84.80-$85.84 after having opened the day at $85.04 as compared to the previous trading day's close of $84.89. Other companies within the Automotive industry that increased today were:

Quantum Fuel Systems Technologies Worldwide



), up 7.0%,

SORL Auto Parts



), up 4.8%,

Shiloh Industries



TheStreet Recommends

), up 4.5% and

Federal Signal



), up 4.1%.

WABCO Holdings Inc., together with its subsidiaries, provides electronic, mechanical, and mechatronic products for commercial truck, trailer, bus, and passenger car manufacturers worldwide. Wabco Holdings Incorporated has a market cap of $5.2 billion and is part of the consumer goods sector. The company has a P/E ratio of 18.1, above the S&P 500 P/E ratio of 17.7. Shares are up 30.2% year to date as of the close of trading on Thursday. Currently there are 3 analysts that rate Wabco Holdings Incorporated a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates

Wabco Holdings Incorporated

as a


. 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, solid stock price performance, increase in net income and growth in earnings per share. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the negative front,

Hyster-Yale Materials Handling Inc Class A



), down 2.4% and

Fox Factory



), down 1.6%.

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



) while those bearish on the automotive industry could consider

ProShares Ultra Sht Consumer Goods




3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.