Johnson Controls Inc (JCI): 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

Johnson Controls ( JCI) pushed the Automotive industry higher today making it today's featured automotive winner. The industry as a whole closed the day up 1.8%. By the end of trading, Johnson Controls rose $0.91 (2.5%) to $37.54 on average volume. Throughout the day, 4,872,117 shares of Johnson Controls exchanged hands as compared to its average daily volume of 4,846,200 shares. The stock ranged in a price between $36.88-$37.66 after having opened the day at $36.90 as compared to the previous trading day's close of $36.63. Other companies within the Automotive industry that increased today were: American Axle & Mfg Holdings ( AXL), up 5.7%, Navistar International ( NAV), up 5.6%, Tenneco ( TEN), up 4.7% and Meritor ( MTOR), up 4.7%.
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Johnson Controls, Inc. engages in building efficiency, automotive experience, and power solutions businesses worldwide. Johnson Controls has a market cap of $25.2 billion and is part of the consumer goods sector. The company has a P/E ratio of 27.4, above the S&P 500 P/E ratio of 17.7. Shares are up 19.4% year to date as of the close of trading on Thursday. Currently there are 9 analysts that rate Johnson Controls a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Johnson Controls 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 and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

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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