Jarden Corporation (JAH): Today's Featured Consumer Durables Winner

Jarden Corporation ( JAH) pushed the Consumer Durables industry higher today making it today's featured consumer durables winner. The industry as a whole closed the day down 0.5%. By the end of trading, Jarden Corporation rose 32 cents (0.8%) to $40.79 on light volume. Throughout the day, 650,352 shares of Jarden Corporation exchanged hands as compared to its average daily volume of 942,600 shares. The stock ranged in a price between $39.99-$41.20 after having opened the day at $40.20 as compared to the previous trading day's close of $40.47. Other companies within the Consumer Durables industry that increased today were: Nautilus Group ( NLS), up 12.2%, Movado Group ( MOV), up 7.3%, Tempur-Pedic International ( TPX), up 4.7%, and Mattress Firm ( MFRM), up 3.6%.

Jarden Corporation manufactures, sources, and sells consumer products worldwide. Jarden Corporation has a market cap of $3.28 billion and is part of the consumer goods sector. The company has a P/E ratio of 16.4, above the average consumer durables industry P/E ratio of 16.3 and below the S&P 500 P/E ratio of 17.7. Shares are up 35.4% year to date as of the close of trading on Tuesday. Currently there are six analysts that rate Jarden Corporation a buy, no analysts rate it a sell, and one rates it a hold.

TheStreet Ratings rates Jarden Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

On the negative front, LJ International ( JADE), down 9.6%, Generac Holdings ( GNRC), down 6.7%, Virco Manufacturing Corporation ( VIRC), down 5.6%, and Kid Brands ( KID), down 5.3%, were all losers within the consumer durables industry with Canon ( CAJ) 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).
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