Autoliv Inc. (ALV): Today's Featured Automotive Winner

Autoliv ( ALV) pushed the Automotive industry higher today making it today's featured automotive winner. The industry as a whole closed the day up 1%. By the end of trading, Autoliv rose 63 cents (1.2%) to $52.52 on light volume. Throughout the day, 592,463 shares of Autoliv exchanged hands as compared to its average daily volume of 891,200 shares. The stock ranged in a price between $51.87-$52.65 after having opened the day at $52.09 as compared to the previous trading day's close of $51.89. Other companies within the Automotive industry that increased today were: Westport Innovations ( WPRT), up 9.2%, Fuel Systems Solutions ( FSYS), up 6.2%, Titan International ( TWI), up 5.5%, and ATC Venture Group ( ATC), up 4%.

Autoliv, Inc., through its subsidiaries, engages in the development, manufacture, and supply of automotive safety systems to the automotive industry. Autoliv has a market cap of $4.68 billion and is part of the consumer goods sector. The company has a P/E ratio of nine, equal to the average automotive industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 3% year to date as of the close of trading on Tuesday. Currently there are three analysts that rate Autoliv a buy, one analyst rates it a sell, and six rate it a hold.

TheStreet Ratings rates Autoliv as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Monro Muffler/Brake ( MNRO), down 4.1%, Harley-Davidson ( HOG), down 2.7%, Enova Systems ( ENA), down 1.8%, and Strattec Security Corporation ( STRT), down 1.7%, were all losers within the automotive industry with General Motors ( GM) 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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