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

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 higher today making it today's featured consumer goods winner. The sector as a whole closed the day up 0.9%. By the end of trading, General Motors rose $0.53 (1.6%) to $34.45 on light volume. Throughout the day, 10,388,598 shares of General Motors exchanged hands as compared to its average daily volume of 14,463,800 shares. The stock ranged in a price between $33.81-$34.69 after having opened the day at $33.82 as compared to the previous trading day's close of $33.92. Other companies within the Consumer Goods sector that increased today were: Tandy Brands Accessories ( TBAC), up 13.2%, Hyster-Yale Materials Handling ( HY), up 9.7%, Joe's Jeans ( JOEZ), up 9.6% and Escalade ( ESCA), up 8.6%.

General Motors Company (GM) designs, manufactures, and markets cars, crossovers, trucks, and automobile parts worldwide. General Motors has a market cap of $48.3 billion and is part of the automotive industry. Shares are up 16.9% year to date as of the close of trading on Wednesday. Currently there are 9 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.

On the negative front, Exceed Company ( EDS), down 5.4%, Craft Brew Alliance ( BREW), down 4.3%, Castle Brands Incorporated ( ROX), down 4.0% and Willamette Valley Vineyards ( WVVI), down 3.9% , were all laggards within the consumer goods sector with Monster Beverage ( MNST) being today's consumer goods sector laggard.

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).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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