4 Stocks Raising 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

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 79 points (0.6%) at 14,527 as of Tuesday, March 26, 2013, 12:49 PM ET. The NYSE advances/declines ratio sits at 1,808 issues advancing vs. 1,104 declining with 127 unchanged.

The Consumer Durables industry currently sits up 0.1% versus the S&P 500, which is up 0.4%.

TheStreet Ratings group would like to highlight 4 stocks pushing the industry higher today:

4. Canon ( CAJ) is one of the companies pushing the Consumer Durables industry higher today. As of noon trading, Canon is up $0.32 (0.9%) to $36.98 on light volume Thus far, 167,533 shares of Canon exchanged hands as compared to its average daily volume of 695,600 shares. The stock has ranged in price between $36.94-$37.16 after having opened the day at $37.00 as compared to the previous trading day's close of $36.66.

Canon Inc. engages in the manufacture and sale of network digital multifunction devices (MFDs), plain paper copying machines, laser printers, inkjet printers, cameras, and lithography equipment worldwide. Canon has a market cap of $42.9 billion and is part of the consumer goods sector. The company has a P/E ratio of 15.2, below the S&P 500 P/E ratio of 17.7. Shares are down 6.5% year to date as of the close of trading on Monday. Currently there is 1 analyst that rates Canon a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Canon as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Canon Ratings Report now.

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3. As of noon trading, Clorox Company ( CLX) is up $0.79 (0.9%) to $87.17 on light volume Thus far, 242,405 shares of Clorox Company exchanged hands as compared to its average daily volume of 884,800 shares. The stock has ranged in price between $86.46-$87.30 after having opened the day at $86.46 as compared to the previous trading day's close of $86.38.

The Clorox Company manufactures and markets consumer and professional products worldwide. Clorox Company has a market cap of $11.3 billion and is part of the consumer goods sector. The company has a P/E ratio of 20.2, above the S&P 500 P/E ratio of 17.7. Shares are up 18.0% year to date as of the close of trading on Monday. Currently there are no analysts that rate Clorox Company a buy, 1 analyst rates it a sell, and 14 rate it a hold.

TheStreet Ratings rates Clorox Company as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, revenue growth, good cash flow from operations, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Clorox Company Ratings Report now.

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2. As of noon trading, Newell Rubbermaid ( NWL) is up $0.34 (1.4%) to $25.53 on light volume Thus far, 786,877 shares of Newell Rubbermaid exchanged hands as compared to its average daily volume of 3.0 million shares. The stock has ranged in price between $25.27-$25.64 after having opened the day at $25.27 as compared to the previous trading day's close of $25.19.

Newell Rubbermaid Inc. designs, manufactures, and markets consumer and commercial products worldwide. It operates in six segments: Home Solutions, Writing, Tools, Commercial Products, Baby & Parenting, and Specialty. Newell Rubbermaid has a market cap of $7.2 billion and is part of the consumer goods sector. The company has a P/E ratio of 18.6, above the S&P 500 P/E ratio of 17.7. Shares are up 13.1% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate Newell Rubbermaid a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Newell Rubbermaid as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, notable return on equity and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Newell Rubbermaid Ratings Report now.

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1. As of noon trading, Xerox Corporation ( XRX) is up $0.10 (1.2%) to $8.55 on light volume Thus far, 2.7 million shares of Xerox Corporation exchanged hands as compared to its average daily volume of 10.5 million shares. The stock has ranged in price between $8.48-$8.56 after having opened the day at $8.54 as compared to the previous trading day's close of $8.45.

Xerox Corporation provides business process and document management services worldwide. Xerox Corporation has a market cap of $10.5 billion and is part of the technology sector. The company has a P/E ratio of 9.8, below the S&P 500 P/E ratio of 17.7. Shares are up 24.8% year to date as of the close of trading on Monday. Currently there are 4 analysts that rate Xerox Corporation a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates Xerox Corporation as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, good cash flow from operations, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Xerox Corporation Ratings Report now.

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If you are interested in one of these 4 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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