Johnson Controls Inc (JCI): Today's Featured Automotive Winner

Johnson Controls ( JCI) pushed the Automotive industry higher today making it today's featured automotive winner. The industry as a whole closed the day up 3.1%. By the end of trading, Johnson Controls rose $1.02 (3.8%) to $27.71 on average volume. Throughout the day, 5.5 million shares of Johnson Controls exchanged hands as compared to its average daily volume of 5.1 million shares. The stock ranged in a price between $27.06-$27.75 after having opened the day at $27.36 as compared to the previous trading day's close of $26.69. Other companies within the Automotive industry that increased today were: Enova Systems ( ENA), up 20.2%, Navistar International ( NAV), up 11%, Wabco Holdings Incorporated ( WBC), up 8.8%, and Arctic Cat ( ACAT), up 8%.

Johnson Controls, Inc. engages in building efficiency, automotive experience, and power solutions businesses worldwide. Johnson Controls has a market cap of $18.28 billion and is part of the consumer goods sector. The company has a P/E ratio of 11.1, equal to the average automotive industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 14% year to date as of the close of trading on Thursday. Currently there are 17 analysts that rate Johnson Controls a buy, no analysts rate it a sell, and six rate it a hold.

TheStreet Ratings rates Johnson Controls as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, attractive valuation levels, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

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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