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

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

General Motors ( GM) pushed the Consumer Goods sector lower today making it today's featured Consumer Goods laggard. The sector as a whole closed the day down 0.5%. By the end of trading, General Motors fell $0.41 (-1.1%) to $36.67 on average volume. Throughout the day, 15,862,482 shares of General Motors exchanged hands as compared to its average daily volume of 14,237,300 shares. The stock ranged in price between $36.46-$37.00 after having opened the day at $36.90 as compared to the previous trading day's close of $37.08. Other companies within the Consumer Goods sector that declined today were: Cobra Electronics Corporation ( COBR), down 19.1%, Global-Tech Advanced Innovations ( GAI), down 15.5%, Tempur Sealy International ( TPX), down 11.7% and Deckers Outdoor Corporation ( DECK), down 9.0%.

General Motors Company (GM) designs, manufactures, and markets cars, crossovers, trucks, and automobile parts worldwide. General Motors has a market cap of $51.1 billion and is part of the automotive industry. Shares are up 28.6% year to date as of the close of trading on Thursday. 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, Tandy Brands Accessories ( TBAC), up 10.0%, Leading Brands ( LBIX), up 5.8%, Tesla Motors ( TSLA), up 4.3% and Arctic Cat ( ACAT), up 3.6%.

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).

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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