Thor Industries Inc. (THO): Today's Featured Automotive Winner

Thor Industries ( THO) pushed the Automotive industry higher today making it today's featured automotive winner. The industry as a whole closed the day down 2.3%. By the end of trading, Thor Industries rose 45 cents (1.5%) to $29.71 on heavy volume. Throughout the day, 790,117 shares of Thor Industries exchanged hands as compared to its average daily volume of 436,900 shares. The stock ranged in a price between $28.95-$29.73 after having opened the day at $29.50 as compared to the previous trading day's close of $29.26. Other companies within the Automotive industry that increased today were: Enova Systems ( ENA), up 8.9%, Supreme Industries ( STS), up 2.6%, and Amerigon ( ARGN), up 1.6%.

Thor Industries, Inc., together with its subsidiaries, engages in the manufacture and sale of various recreation vehicles, and small and mid-size buses, as well as related parts and accessories in the United States and Canada. Thor Industries has a market cap of $1.8 billion and is part of the consumer goods sector. The company has a P/E ratio of 16.7, equal to the average automotive industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 6.7% year to date as of the close of trading on Thursday. Currently there are three analysts that rate Thor Industries a buy, no analysts rate it a sell, and one rates it a hold.

TheStreet Ratings rates Thor Industries as a buy. 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, solid stock price performance, increase in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins.

On the negative front, ATC Venture Group ( ATC), down 19.4%, Fuel Systems Solutions ( FSYS), down 14.8%, Meritor ( MTOR), down 6.1%, and Commercial Vehicle Group ( CVGI), down 6%, were all losers within the automotive industry with Ford Motor ( F) 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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