General Motors Co (GM): Today's Featured Consumer Goods Winner

General Motors ( GM) pushed the Consumer Goods sector higher today making it today's featured consumer goods winner. The sector as a whole closed the day up 1.1%. By the end of trading, General Motors rose 42 cents (1.8%) to $23.31 on light volume. Throughout the day, 5.5 million shares of General Motors exchanged hands as compared to its average daily volume of 10.5 million shares. The stock ranged in a price between $22.89-$23.36 after having opened the day at $23.15 as compared to the previous trading day's close of $22.89. Other companies within the Consumer Goods sector that increased today were: Verso Paper ( VRS), up 22.3%, Ethan Allen Interiors ( ETH), up 11%, Swisher Hygiene ( SWSH), up 9.6%, and Dana ( DAN), up 9.4%.

General Motors Company (GM) designs, manufactures, and markets cars, crossovers, trucks, and automobile parts worldwide. General Motors has a market cap of $35.93 billion and is part of the automotive industry. The company has a P/E ratio of five, equal to the average automotive industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 12.9% year to date as of the close of trading on Tuesday. Currently there are nine analysts that rate General Motors a buy, no analysts rate it a sell, and four rate it a hold.

TheStreet Ratings rates General Motors as a hold. 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 and notable return on equity. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, unimpressive growth in net income and a generally disappointing performance in the stock itself.

On the negative front, Enova Systems ( ENA), down 17.2%, Iconix Brand Group ( ICON), down 14.6%, Shiner International ( BEST), down 9.8%, and Cybex International ( CYBI), down 9.2%, were all losers within the consumer goods sector with Molson Coors Brewing Company ( TAP) being today's consumer goods sector loser.

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 ( IYK) while those bearish on the consumer goods sector could consider ProShares Ultra Sht Consumer Goods ( SZK).
null

If you liked this article you might like

Irma and Harvey Busted Algos; Probably Done Deals Under Trump: Best of Cramer

Your Guide to Making a Lot of Money on the Driverless Car Boom

How to Live Just Like Billionaire Warren Buffett