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 up 1.0%. By the end of trading, Jarden Corporation fell $0.80 (-1.4%) to $56.20 on light volume. Throughout the day, 616,798 shares of Jarden Corporation exchanged hands as compared to its average daily volume of 1,321,800 shares. The stock ranged in price between $56.14-$57.16 after having opened the day at $57.16 as compared to the previous trading day's close of $57.00. Another company within the Consumer Durables industry that decreased today was Escalade ( ESCA), down 3.1%.

Jarden Corporation manufactures, markets, and distributes consumer products in the Unites States and internationally. Jarden Corporation has a market cap of $7.2 billion and is part of the consumer goods sector. The company has a P/E ratio of 28.7, above the S&P 500 P/E ratio of 17.7. Shares are up 62.5% year to date as of the close of trading on Tuesday. Currently there are 7 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 growth in earnings per share, revenue growth, good cash flow from operations, solid stock price performance 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, Kid Brands ( KID), up 9.0%, Cobra Electronics Corporation ( COBR), up 7.5%, Marine Products Corporation ( MPX), up 4.5% and Bassett Furniture Industries ( BSET), up 4.3% , were all gainers within the consumer durables industry with Sony Corporation ( SNE) being today's featured consumer durables industry leader.

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.
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