Strong Performance Today In Consumer Goods From General Motors Co (GM)

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 Consumer Goods sector higher today making it today's featured consumer goods winner. The sector as a whole closed the day up 1.7%. By the end of trading, General Motors rose 84 cents (3%) to $28.37 on average volume. Throughout the day, 12.6 million shares of General Motors exchanged hands as compared to its average daily volume of 10.8 million shares. The stock ranged in a price between $27.68-$28.51 after having opened the day at $27.69 as compared to the previous trading day's close of $27.53. Other companies within the Consumer Goods sector that increased today were: Tianli Agritech ( OINK), up 21.4%, Xerium Technologies ( XRM), up 10.9%, SGOCO Group ( SGOC), up 8.7%, and Coldwater Creek ( CWTR), up 7.5%.
  • 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 $37.7 billion and is part of the automotive industry. The company has a P/E ratio of 9.4, below the S&P 500 P/E ratio of 17.7. Shares are down 4.5% year to date as of the close of trading on Tuesday. Currently there are 10 analysts that rate General Motors a buy, one analyst rates it a sell, and four rate it a hold.

TheStreet Ratings rates General Motors as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, increase in net income, attractive valuation levels and growth in earnings per share. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer goods sector could consider iShares Dow Jones US Cons Goods ( IYK) while those bearish on the consumer goods sector could consider ProShares Ultra Sht Consumer Goods ( SZK).

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.
null

If you liked this article you might like

Driving This Beastly Cadillac CTS Reminded Me That Sexism Is Alive and Well

Your Complete Guide to Living Like Billionaire Warren Buffett

Irma and Harvey Busted Algos; Probably Done Deals Under Trump: Best of Cramer

Your Guide to Making a Lot of Money on the Driverless Car Boom

How to Live Just Like Billionaire Warren Buffett