Hitachi Ltd. (HIT): Today's Featured Consumer Durables Loser

The consumer durables industry closed the day up 0.4%. Elecsys Corporation ( ESYS), Hooker Furniture Corporation ( HOFT), Lennox International Inc ( LII), and Deer Consumer Products Inc ( DEER) were all decliners today within the consumer durables industry with Hitachi ( HIT) being today's featured consumer durables loser. Hitachi fell 38 cents (-0.7%) to $52.08 on light volume. Throughout the day, 59,534 shares of Hitachi exchanged hands as compared to its average daily volume of 121,000 shares.

Hitachi, Ltd. manufactures and sells electronic and electrical products primarily in Asia, North America, and Europe. Hitachi has a market cap of $24 billion and is part of the consumer goods sector. Shares are down 0.4% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Hitachi as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally poor debt management and poor profit margins.

On the positive front, Select Comfort Corporation ( SCSS), Appliance Recycling Centers ( ARCI), Virco Manufacturing Corporation ( VIRC), and Entertainment Gaming Asia Inc ( EGT) were all gainers within the consumer durables industry with Tempur-Pedic International Inc ( TPX) being today's featured consumer durables industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer durables industry could consider Consumer Discretionary Sel Sec SPDR ( XLY) while those bearish on the consumer durables industry could consider ProShares Ultra Sht Consumer Goods ( SZK).

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