Dana Holding Corp (DAN): 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.

Dana ( DAN) pushed the Automotive industry lower today making it today's featured Automotive laggard. The industry as a whole closed the day up 0.2%. By the end of trading, Dana fell $0.28 (-1.2%) to $22.21 on light volume. Throughout the day, 1,248,424 shares of Dana exchanged hands as compared to its average daily volume of 2,107,400 shares. The stock ranged in price between $22.10-$22.64 after having opened the day at $22.52 as compared to the previous trading day's close of $22.49. Other companies within the Automotive industry that declined today were: China Automotive Systems ( CAAS), down 4.2%, Spartan Motors ( SPAR), down 2.9%, Fuel Systems Solutions ( FSYS), down 2.4% and Marine Products Corporation ( MPX), down 1.9%.

Dana Holding Corporation engages in the design, manufacture, and supply of driveline products, technologies, and service parts for vehicle manufacturers worldwide. Dana has a market cap of $3.3 billion and is part of the consumer goods sector. Shares are up 44.1% year to date as of the close of trading on Tuesday. Currently there are 8 analysts that rate Dana a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Dana as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the positive front, Quantum Fuel Systems Technologies Worldwide ( QTWW), up 13.8%, China Zenix Auto International ( ZX), up 6.4%, Fox Factory ( FOXF), up 3.2% and Superior Industries International ( SUP), up 2.2%.

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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