Cooper Tire & Rubber Company (CTB): Today's Featured Consumer Non-Durables 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.

Cooper Tire & Rubber Company ( CTB) pushed the Consumer Non-Durables industry lower today making it today's featured Consumer Non-Durables laggard. The industry as a whole closed the day up 0.5%. By the end of trading, Cooper Tire & Rubber Company fell $0.45 (-1.3%) to $33.01 on average volume. Throughout the day, 2,528,794 shares of Cooper Tire & Rubber Company exchanged hands as compared to its average daily volume of 2,055,200 shares. The stock ranged in price between $32.82-$33.32 after having opened the day at $33.25 as compared to the previous trading day's close of $33.46. Other companies within the Consumer Non-Durables industry that declined today were: RG Barry Corporation ( DFZ), down 5.4%, Xerium Technologies ( XRM), down 5.0%, Tandy Brands Accessories ( TBAC), down 3.5% and Delta Apparel ( DLA), down 3.3%.

Cooper Tire & Rubber Company, together with its subsidiaries, manufactures and markets replacement tires worldwide. It operates in two segments, North American Tire Operations and International Tire Operations. Cooper Tire & Rubber Company has a market cap of $2.1 billion and is part of the consumer goods sector. Shares are up 31.9% year to date as of the close of trading on Friday. Currently there is 1 analyst that rates Cooper Tire & Rubber Company a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Cooper Tire & Rubber Company 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, attractive valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.

On the positive front, Exceed Company ( EDS), up 10.8%, China Xiniya Fashion ( XNY), up 8.3%, Northern Technologies International ( NTIC), up 7.5% and G-III Apparel Group ( GIII), up 4.7% , were all gainers within the consumer non-durables industry with Goodyear Tire & Rubber ( GT) being today's featured consumer non-durables industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer non-durables industry could consider Consumer Staples Select Sector SPDR ( XLP) while those bearish on the consumer non-durables 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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