Tesla Motors Inc. (TSLA): Today's Featured Automotive Winner

Tesla Motors ( TSLA) pushed the Automotive industry higher today making it today's featured automotive winner. The industry as a whole closed the day down 1.2%. By the end of trading, Tesla Motors rose $1.71 (5%) to $35.96 on average volume. Throughout the day, 1.7 million shares of Tesla Motors exchanged hands as compared to its average daily volume of 1.2 million shares. The stock ranged in a price between $33.90-$36 after having opened the day at $34.32 as compared to the previous trading day's close of $34.25. Other companies within the Automotive industry that increased today were: Westport Innovations ( WPRT), up 2.2%, Chicago Rivet & Machine ( CVR), up 1.9%, SORL Auto Parts ( SORL), up 1.8%, and Winnebago Industries ( WGO), up 1.6%.

Tesla Motors, Inc. designs, develops, manufactures, and sells electric vehicles and electric vehicle powertrain components. The company offers Tesla Roadster, an electric sports car. Tesla Motors has a market cap of $3.44 billion and is part of the consumer goods sector. Shares are up 14.5% year to date as of the close of trading on Friday. Currently there are seven analysts that rate Tesla Motors a buy, two analysts rate it a sell, and two rate it a hold.

TheStreet Ratings rates Tesla Motors as a hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow.

On the negative front, Orbital ( OBT), down 9.8%, Accuride ( ACW), down 5.3%, Williams Controls ( WMCO), down 4.2%, and Swift Transportation ( SWFT), down 3.9%, were all losers within the automotive industry with BorgWarner ( BWA) 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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