Titan International Inc. (TWI): Today's Featured Automotive Winner

Titan International ( TWI) pushed the Automotive industry higher today making it today's featured automotive winner. The industry as a whole closed the day down 1.8%. By the end of trading, Titan International rose 86 cents (3.1%) to $28.89 on heavy volume. Throughout the day, 1.7 million shares of Titan International exchanged hands as compared to its average daily volume of 638,000 shares. The stock ranged in a price between $26.95-$28.99 after having opened the day at $27.89 as compared to the previous trading day's close of $28.03. Other companies within the Automotive industry that increased today were: Quantum Fuel Systems Technologies Worldwide ( QTWW), up 4.3%, Modine Manufacturing Company ( MOD), up 3.3%, Chicago Rivet & Machine ( CVR), up 2.1%, and Orbital ( OBT), up 1.9%.

Titan International, Inc. and its subsidiaries manufacture and sell wheels, tires, and assemblies for off-highway vehicles used in the agricultural, earthmoving/construction, and consumer markets in the United States. Titan International has a market cap of $1.14 billion and is part of the consumer goods sector. Currently there are six analysts that rate Titan International a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Titan International as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the company's profit margins have been poor overall.

On the negative front, Tenneco ( TEN), down 14.6%, China Automotive Systems ( CAAS), down 6.3%, Meritor ( MTOR), down 5.5%, and Superior Industries International ( SUP), down 5.5%, were all losers within the automotive industry with PACCAR ( PCAR) 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).
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