3 Stocks Pushing The Consumer Durables Industry Higher

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

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 67 points (0.5%) at 13,019 as of Wednesday, Dec. 5, 2012, 11:50 AM ET. The NYSE advances/declines ratio sits at 1,464 issues advancing vs. 1,407 declining with 149 unchanged.

The Consumer Durables industry currently sits down 0.9% versus the S&P 500, which is up 0.0%.

TheStreet Ratings group would like to highlight 3 stocks pushing the industry higher today:

3. Xerox Corporation ( XRX) is one of the companies pushing the Consumer Durables industry higher today. As of noon trading, Xerox Corporation is up $0.08 (1.1%) to $7.06 on light volume Thus far, 4.0 million shares of Xerox Corporation exchanged hands as compared to its average daily volume of 11.0 million shares. The stock has ranged in price between $6.95-$7.06 after having opened the day at $6.95 as compared to the previous trading day's close of $6.98.

Xerox Corporation provides business process and information technology (IT) outsourcing, and document management services worldwide. Xerox Corporation has a market cap of $8.6 billion and is part of the consumer goods sector. The company has a P/E ratio of 7.6, below the S&P 500 P/E ratio of 17.7. Shares are down 12.3% year to date as of the close of trading on Tuesday. Currently there are 3 analysts that rate Xerox Corporation a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Xerox Corporation as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, good cash flow from operations and notable return on equity. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. Get the full Xerox Corporation Ratings Report now.

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2. As of noon trading, Fossil ( FOSL) is up $1.28 (1.5%) to $87.45 on heavy volume Thus far, 882,613 shares of Fossil exchanged hands as compared to its average daily volume of 900,800 shares. The stock has ranged in price between $87.21-$89.50 after having opened the day at $89.21 as compared to the previous trading day's close of $86.17.

Fossil, Inc. designs, develops, markets, and distributes consumer fashion accessories worldwide. Fossil has a market cap of $5.1 billion and is part of the consumer goods sector. The company has a P/E ratio of 17.1, below the S&P 500 P/E ratio of 17.7. Shares are up 7.3% year to date as of the close of trading on Tuesday. Currently there are 6 analysts that rate Fossil a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Fossil as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, reasonable valuation levels and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Fossil Ratings Report now.

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1. As of noon trading, VeriFone Systems ( PAY) is up $1.60 (5.3%) to $31.85 on average volume Thus far, 1.9 million shares of VeriFone Systems exchanged hands as compared to its average daily volume of 2.8 million shares. The stock has ranged in price between $31.25-$32.45 after having opened the day at $31.26 as compared to the previous trading day's close of $30.25.

Verifone Systems, Inc. designs, markets, and services electronic payment solutions in North America and internationally. VeriFone Systems has a market cap of $3.2 billion and is part of the consumer goods sector. The company has a P/E ratio of 12.7, below the S&P 500 P/E ratio of 17.7. Shares are down 14.8% year to date as of the close of trading on Tuesday. Currently there are 7 analysts that rate VeriFone Systems a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates VeriFone Systems as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, reasonable valuation levels, compelling growth in net income, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full VeriFone Systems Ratings Report now.

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If you are interested in one of these 3 stocks, 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).

A reminder about TheStreet Ratings group: 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.

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