Wabco Holdings Incorporated (WBC): Today's Featured Automotive Winner

Wabco Holdings Incorporated ( WBC) pushed the Automotive industry higher today making it today's featured automotive winner. The industry as a whole closed the day down 0.3%. By the end of trading, Wabco Holdings Incorporated rose 79 cents (1.5%) to $52.39 on average volume. Throughout the day, 653,714 shares of Wabco Holdings Incorporated exchanged hands as compared to its average daily volume of 606,800 shares. The stock ranged in a price between $51.21-$52.83 after having opened the day at $51.77 as compared to the previous trading day's close of $51.60. Other companies within the Automotive industry that increased today were: ATC Venture Group ( ATC), up 16.1%, Quantum Fuel Systems Technologies Worldwide ( QTWW), up 4%, Arctic Cat ( ACAT), up 3.8%, and Modine Manufacturing Company ( MOD), up 3%.

WABCO Holdings Inc., together with its subsidiaries, provides electronic, mechanical, and mechatronic products for commercial truck, trailer, bus, and passenger car manufacturers worldwide. Wabco Holdings Incorporated has a market cap of $3.36 billion and is part of the consumer goods sector. The company has a P/E ratio of 10.7, equal to the average automotive industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 18.9% year to date as of the close of trading on Wednesday. Currently there are seven analysts that rate Wabco Holdings Incorporated a buy, no analysts rate it a sell, and one rates it a hold.

TheStreet Ratings rates Wabco Holdings Incorporated as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, notable return on equity and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Westport Innovations ( WPRT), down 11.3%, Monro Muffler/Brake ( MNRO), down 8.5%, Motorcar Parts of America ( MPAA), down 7%, and SORL Auto Parts ( SORL), down 4.2%, 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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