Jarden Corporation (JAH): Today's Featured Consumer 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.

Jarden Corporation ( JAH) pushed the Consumer Durables industry lower today making it today's featured Consumer Durables laggard. The industry as a whole closed the day down 1.2%. By the end of trading, Jarden Corporation fell $0.81 (-1.7%) to $47.95 on average volume. Throughout the day, 1,486,948 shares of Jarden Corporation exchanged hands as compared to its average daily volume of 1,176,000 shares. The stock ranged in price between $47.59-$48.82 after having opened the day at $48.70 as compared to the previous trading day's close of $48.76. Other companies within the Consumer Durables industry that declined today were: Bassett Furniture Industries ( BSET), down 8.8%, Flexsteel Industries ( FLXS), down 5.1%, Universal Electronics ( UEIC), down 4.8% and Steelcase ( SCS), down 4.5%.

Jarden Corporation manufactures, markets, and distributes consumer products in the Unites States and internationally. Jarden Corporation has a market cap of $6.3 billion and is part of the consumer goods sector. Shares are up 44.1% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Jarden Corporation a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Jarden Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Acme United Corporation ( ACU), up 3.0% and Koss Corporation ( KOSS), up 2.7%.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer durables industry could consider Consumer Discretionary Sel Sec SPDR ( XLY) while those bearish on the consumer 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.

null

More from Markets

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%