PACCAR Inc (PCAR): Today's Featured Automotive Loser

PACCAR ( PCAR) pushed the Automotive industry lower today making it today's featured Automotive loser. The industry as a whole closed the day down 1.8%. By the end of trading, PACCAR fell 78 cents (-1.8%) to $42.95 on light volume. Throughout the day, 2.1 million shares of PACCAR exchanged hands as compared to its average daily volume of 2.9 million shares. The stock ranged in price between $42.62-$43.65 after having opened the day at $43.56 as compared to the previous trading day's close of $43.73. Other company's within the Automotive industry that declined today were: 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%.

PACCAR Inc, together with its subsidiaries, designs, manufactures, and distributes light-, medium-, and heavy-duty trucks and related aftermarket parts worldwide. PACCAR has a market cap of $15.38 billion and is part of the consumer goods sector. Currently there are seven analysts that rate PACCAR a buy, no analysts rate it a sell, and eight rate it a hold.

TheStreet Ratings rates PACCAR as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, attractive valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the positive front, 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%, were all gainers within the automotive industry with Titan International ( TWI) being today's featured automotive industry winner.

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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