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

Beam ( BEAM) pushed the Consumer Durables industry higher today making it today's featured consumer durables winner. The industry as a whole closed the day up 0.5%. By the end of trading, Beam rose 78 cents (1.3%) to $59.14 on average volume. Throughout the day, 855,934 shares of Beam exchanged hands as compared to its average daily volume of 667,700 shares. The stock ranged in a price between $58.20-$59.24 after having opened the day at $58.52 as compared to the previous trading day's close of $58.36. Other companies within the Consumer Durables industry that increased today were: Global-Tech Advanced Innovations ( GAI), up 9.2%, Libbey ( LBY), up 8.3%, Furniture Brands International ( FBN), up 4%, and Hooker Furniture Corporation ( HOFT), up 3.9%.

Beam Inc. engages in producing and selling branded distilled spirits products worldwide. Beam has a market cap of $9.24 billion and is part of the consumer goods sector. Currently there are five analysts that rate Beam a buy, one analyst rates 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 negative front, Elecsys Corporation ( ESYS), down 7.1%, Chromcraft Revington ( CRC), down 6.6%, Cascade Microtech ( CSCD), down 6.1%, and Canon ( CAJ), down 2.2%, were all laggards within the consumer durables industry with Xerox Corporation ( XRX) being today's consumer durables industry laggard.

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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