General Motors Co (GM): Today's Featured Automotive 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.

General Motors ( GM) pushed the Automotive industry higher today making it today's featured automotive winner. The industry as a whole closed the day up 1.7%. By the end of trading, General Motors rose 62 cents (2.4%) to $26.19 on average volume. Throughout the day, 10.8 million shares of General Motors exchanged hands as compared to its average daily volume of 8.9 million shares. The stock ranged in a price between $25.45-$26.27 after having opened the day at $25.58 as compared to the previous trading day's close of $25.57. Other companies within the Automotive industry that increased today were: ATC Venture Group ( ATC), up 12.7%, Winnebago Industries ( WGO), up 10.6%, Thor Industries ( THO), up 10.2%, and Modine Manufacturing Company ( MOD), up 8.4%.
  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

General Motors Company (GM) designs, manufactures, and markets cars, crossovers, trucks, and automobile parts worldwide. General Motors has a market cap of $40.39 billion and is part of the consumer goods sector. The company has a P/E ratio of 9.7, below the S&P 500 P/E ratio of 17.7. Shares are up 26.1% year to date as of the close of trading on Monday. Currently there are 11 analysts that rate General Motors a buy, one analyst rates it a sell, and three rate it a hold.

TheStreet Ratings rates General Motors as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and poor profit margins.

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).

FREE for a limited time only: Get TheStreet Ratings #1 Stock Report NOW!.
null

If you liked this article you might like

5 Auto Stocks to Buy After They Wrongly Crashed on Rising Interest Rate Fears

5 Auto Stocks to Buy After They Wrongly Crashed on Rising Interest Rate Fears

GM, Teva, Facebook and Other New Jana Partners Positions

GM, Teva, Facebook and Other New Jana Partners Positions

Amazon, AmerisourceBergen and Everything Else You Need to Know Before You Trade

Amazon, AmerisourceBergen and Everything Else You Need to Know Before You Trade

Walgreens, AmerisourceBergen, Amazon and GM - 5 Things You Must Know

Walgreens, AmerisourceBergen, Amazon and GM - 5 Things You Must Know

It Makes Sense That Ford Is Boosting Production of $70,000 Lincoln Navigator

It Makes Sense That Ford Is Boosting Production of $70,000 Lincoln Navigator