Beam Inc (BEAM): Today's Featured Consumer Durables Laggard

Beam ( BEAM) pushed the Consumer Durables industry lower today making it today's featured Consumer Durables laggard. The industry as a whole closed the day up 0.8%. By the end of trading, Beam fell 56 cents (-0.9%) to $61.18 on light volume. Throughout the day, 453,572 shares of Beam exchanged hands as compared to its average daily volume of 869,900 shares. The stock ranged in price between $61.14-$62.12 after having opened the day at $61.94 as compared to the previous trading day's close of $61.74. Other company's within the Consumer Durables industry that declined today were: Ballantyne Strong ( BTN), down 7.2%, Appliance Recycling Centers ( ARCI), down 4.6%, Johnson Outdoors ( JOUT), down 4.2%, and Sturm Ruger & Company ( RGR), down 3%.

Beam Inc. engages in producing and selling branded distilled spirits products worldwide. Beam has a market cap of $9.52 billion and is part of the consumer goods sector. Currently there are five analysts that rate Beam a buy, no analysts rate it a sell, and four rate it a hold.

TheStreet Ratings rates Beam as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the positive front, Global-Tech Advanced Innovations ( GAI), up 18%, Kimball International Inc. Class B ( KBALB), up 5.2%, Sealy ( ZZ), up 4.7%, and Mad Catz Interactive ( MCZ), up 4.1%, were all gainers within the consumer durables industry with Tempur-Pedic International ( TPX) being today's featured consumer durables industry leader.

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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