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

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Wabco Holdings Incorporated ( WBC) pushed the Consumer Goods sector higher today making it today's featured consumer goods winner. The sector as a whole closed the day down 0.1%. By the end of trading, Wabco Holdings Incorporated rose 75 cents (1.3%) to $58.89 on average volume. Throughout the day, 563,677 shares of Wabco Holdings Incorporated exchanged hands as compared to its average daily volume of 723,600 shares. The stock ranged in a price between $58.20-$59.19 after having opened the day at $58.57 as compared to the previous trading day's close of $58.14. Other companies within the Consumer Goods sector that increased today were: Cereplast ( CERP), up 11.1%, Skechers USA ( SKX), up 9.8%, Tandy Brands Accessories ( TBAC), up 8.5%, and Reeds ( REED), up 8.1%.

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 $3.65 billion and is part of the automotive industry. The company has a P/E ratio of 12.2, above the average automotive industry P/E ratio of 12 and below the S&P 500 P/E ratio of 17.7. Shares are up 34.5% year to date as of the close of trading on Monday. Currently there are six analysts that rate Wabco Holdings Incorporated a buy, no analysts rate it a sell, and two rate 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, good cash flow from operations, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Frederick's of Hollywood Group ( FOH), down 11.4%, Chromcraft Revington ( CRC), down 9.4%, Exceed Company ( EDS), down 9%, and China Shengda Packaging Group ( CPGI), down 8.3%, were all laggards within the consumer goods sector with Altria Group ( MO) being today's consumer goods sector laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer goods sector could consider iShares Dow Jones US Cons Goods ( IYK) while those bearish on the consumer goods sector could consider ProShares Ultra Sht Consumer Goods ( SZK).

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