General Motors Co (GM): Today's Featured Automotive Laggard

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 lower today making it today's featured Automotive laggard. The industry as a whole closed the day down 2.2%. By the end of trading, General Motors fell $0.79 (-2.5%) to $31.42 on average volume. Throughout the day, 18,834,916 shares of General Motors exchanged hands as compared to its average daily volume of 14,035,800 shares. The stock ranged in price between $31.13-$31.84 after having opened the day at $31.76 as compared to the previous trading day's close of $32.21. Other companies within the Automotive industry that declined today were: Hyster-Yale Materials Handling ( HY), down 6.2%, Federal Signal ( FSS), down 5.4%, Meritor ( MTOR), down 5.4% and Stoneridge ( SRI), down 5.2%.
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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 $44.8 billion and is part of the consumer goods sector. The company has a P/E ratio of 11.2, below the S&P 500 P/E ratio of 17.7. Shares are up 11.7% year to date as of the close of trading on Friday. Currently there are 12 analysts that rate General Motors a buy, no analysts rate 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, attractive valuation levels, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Tesla Motors ( TSLA), up 1.9% was a gainer within the automotive industry with LKQ Corporation ( LKQ) being today's featured automotive industry leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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