Autoliv Inc. (ALV): 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.

Autoliv ( ALV) pushed the Automotive industry higher today making it today's featured automotive winner. The industry as a whole closed the day down 0.6%. By the end of trading, Autoliv rose 73 cents (1.1%) to $65.91 on light volume. Throughout the day, 392,287 shares of Autoliv exchanged hands as compared to its average daily volume of 647,500 shares. The stock ranged in a price between $64.73-$65.91 after having opened the day at $65.18 as compared to the previous trading day's close of $65.18. Other companies within the Automotive industry that increased today were: Gentherm ( THRM), up 3%, Strattec Security Corporation ( STRT), up 2%, Drew Industries ( DW), up 1.9%, and Modine Manufacturing Company ( MOD), up 1.8%.
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Autoliv, Inc., through its subsidiaries, engages in the development, manufacture, and supply of automotive safety systems to the automotive industry. Autoliv has a market cap of $6.23 billion and is part of the consumer goods sector. The company has a P/E ratio of 12.8, below the S&P 500 P/E ratio of 17.7. Shares are down 3.2% year to date as of the close of trading on Thursday. Currently there are two analysts that rate Autoliv a buy, two analysts rate it a sell, and six rate it a hold.

TheStreet Ratings rates Autoliv 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 and attractive valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Superior Industries International ( SUP), down 10.2%, Federal-Mogul ( FDML), down 8.2%, Orbital Corporation ( OBT), down 6.6%, and LKQ Corporation ( LKQ), down 3.6%, were all laggards within the automotive industry with Oshkosh Corporation ( OSK) being today's automotive industry laggard.

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).

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