Beam Inc (BEAM): Today's Featured Consumer Durables Winner

Beam Inc ( BEAM) pushed the Consumer Durables industry higher today making it today's featured consumer durables winner. The industry as a whole closed the day up 0.6%. By the end of trading, Beam Inc rose $1.17 (2.4%) to $49.88 on light volume. Throughout the day, 448,253 shares of Beam Inc exchanged hands as compared to its average daily volume of 1.3 million shares. The stock ranged in a price between $49.18-$50.03 after having opened the day at $49.29 as compared to the previous trading day's close of $48.71. Other companies within the Consumer Durables industry that increased today were: Industrie Natuzzi ( NTZ), up 12.7%, Global-Tech Advanced Innovations Inc ( GAI), up 11%, Fabrinet ( FN), up 5.4%, and Furniture Brands International Inc ( FBN), up 5.3%.

Beam Inc. engages in producing and selling premium spirits worldwide. Beam Inc has a market cap of $7.76 billion and is part of the consumer goods sector.

TheStreet Ratings rates Beam as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and feeble growth in the company's earnings per share.

On the negative front, Mad Catz Interactive Inc ( MCZ), down 16%, Entertainment Gaming Asia Inc ( EGT), down 7%, Escalade Inc ( ESCA), down 5.7%, and Deer Consumer Products Inc ( DEER), down 4%, were all losers within the consumer durables industry with Fossil Inc ( FOSL) being today's consumer durables industry loser.

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).

null

More from Markets

Lowe's Snags Ex-Home Depot Exec as CEO; ISPs Face Competitive Threat -- ICYMI

Lowe's Snags Ex-Home Depot Exec as CEO; ISPs Face Competitive Threat -- ICYMI

Dow Slips 178 Points; S&P 500 and Nasdaq Also Decline

Dow Slips 178 Points; S&P 500 and Nasdaq Also Decline

Legal Weed Sales in California Are Off to a Less Than Smokin' Start

Legal Weed Sales in California Are Off to a Less Than Smokin' Start

Owner of Moviepass Sees Stock Plummet

Owner of Moviepass Sees Stock Plummet

Ford, GM Gain as China Slashes Auto Import Tariffs

Ford, GM Gain as China Slashes Auto Import Tariffs