General Motors Co (GM): Today's Featured Automotive 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 Automotive industry lower today making it today's featured Automotive laggard. The industry as a whole closed the day down 2.6%. By the end of trading, General Motors fell $1.02 (-2.9%) to $34.55 on average volume. Throughout the day, 19,856,722 shares of General Motors exchanged hands as compared to its average daily volume of 14,578,200 shares. The stock ranged in price between $34.41-$35.18 after having opened the day at $35.17 as compared to the previous trading day's close of $35.57. Other companies within the Automotive industry that declined today were: China Automotive Systems ( CAAS), down 10.6%, Winnebago Industries ( WGO), down 8.4%, Marine Products Corporation ( MPX), down 6.0% and China Zenix Auto International ( ZX), down 5.8%.

General Motors Company (GM) designs, manufactures, and markets cars, crossovers, trucks, and automobile parts worldwide. General Motors has a market cap of $49.6 billion and is part of the consumer goods sector. Shares are up 23.4% year to date as of the close of trading on Wednesday. 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 revenue growth, solid stock price performance, attractive valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. 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).

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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