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 0.8%. By the end of trading, General Motors rose $0.43 (1.4%) to $32.08 on average volume. Throughout the day, 9,958,576 shares of General Motors exchanged hands as compared to its average daily volume of 11,242,300 shares. The stock ranged in a price between $31.09-$32.19 after having opened the day at $31.41 as compared to the previous trading day's close of $31.65. Other companies within the Automotive industry that increased today were: Federal-Mogul ( FDML), up 7.0%, SORL Auto Parts ( SORL), up 6.5%, Quantum Fuel Systems Technologies Worldwide ( QTWW), up 5.3% and Orbital Corporation ( OBT), up 4.2%.
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General Motors Company (GM) designs, manufactures, and markets cars, crossovers, trucks, and automobile parts worldwide. General Motors has a market cap of $43.7 billion and is part of the consumer goods sector. The company has a P/E ratio of 11.0, below the S&P 500 P/E ratio of 17.7. Shares are up 9.8% year to date as of the close of trading on Tuesday. Currently there are 11 analysts that rate General Motors a buy, 1 analyst rates it a sell, and 3 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 solid stock price performance, largely solid financial position with reasonable debt levels by most measures and notable return on equity. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the negative front, Fuel Systems Solutions ( FSYS), down 5.5%, Douglas Dynamics ( PLOW), down 2.4%, Supreme Industries ( STS), down 2.2% and Hyster-Yale Materials Handling ( HY), down 1.9%.

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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