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

Cooper Tire & Rubber Company ( CTB) pushed the Consumer Non-Durables industry higher today making it today's featured consumer non-durables winner. The industry as a whole closed the day down 0.6%. By the end of trading, Cooper Tire & Rubber Company rose $0.91 (2.9%) to $31.93 on average volume. Throughout the day, 1,836,024 shares of Cooper Tire & Rubber Company exchanged hands as compared to its average daily volume of 2,114,600 shares. The stock ranged in a price between $31.22-$32.00 after having opened the day at $31.23 as compared to the previous trading day's close of $31.02. Other companies within the Consumer Non-Durables industry that increased today were: Verso Paper ( VRS), up 13.5%, Carter's ( CRI), up 3.7%, Sappi ( SPP), up 3.0% and Exceed Company ( EDS), up 2.8%.

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 $2.0 billion and is part of the consumer goods sector. Shares are up 22.3% year to date as of the close of trading on Thursday. 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 negative front, American Apparel ( APP), down 7.1%, Xerium Technologies ( XRM), down 6.5%, CTI Industries Corporation ( CTIB), down 5.7% and Fuwei Films (Holdings ( FFHL), down 5.4% , were all laggards within the consumer non-durables industry with Nike ( NKE) being today's consumer non-durables industry laggard.

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).

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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