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 1%. By the end of trading, Beam rose 74 cents (1.3%) to $57.50 on light volume. Throughout the day, 368,355 shares of Beam exchanged hands as compared to its average daily volume of 640,500 shares. The stock ranged in a price between $56.78-$57.64 after having opened the day at $56.90 as compared to the previous trading day's close of $56.76. Other companies within the Consumer Durables industry that increased today were: Tempur-Pedic International ( TPX), up 14.4%, American Woodmark Corporation ( AMWD), up 6.5%, Furniture Brands International ( FBN), up 5.8%, and Nautilus Group ( NLS), up 4.5%.
  • ACTIVE STOCK TRADERS: Get full access to Jim Cramer's thoughts for less than $3/week - sometimes before he says them on TV! Start with a 14-Day Free Trial.

Beam Inc. engages in producing and selling branded distilled spirits products worldwide. Beam has a market cap of $9.07 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.

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).

FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge! Free download now.
null

If you liked this article you might like

Bourbon Whiskey -- A Brief History of This All-American Drink

Super Mario Gabelli of Gamco Is King of M&A, as Hillshire Deal Shows

Strong And Under The Radar: Beam (BEAM)

Has America really drunk its fill of these 5 beverage stocks?

David Beckham and Simon Fuller Raise Diageo's Drinks, Bottom Line