SPB, SNE And CLX, 3 Consumer Durables Stocks Pushing The Industry Lower

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.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 34 points (-0.2%) at 15,991 as of Tuesday, Dec. 10, 2013, 11:45 AM ET. The NYSE advances/declines ratio sits at 1,256 issues advancing vs. 1,637 declining with 176 unchanged.

The Consumer Durables industry currently sits down 0.3% versus the S&P 500, which is down 0.2%.

TheStreet would like to highlight 3 stocks pushing the industry lower today:

3. Spectrum Brands Holdings ( SPB) is one of the companies pushing the Consumer Durables industry lower today. As of noon trading, Spectrum Brands Holdings is down $1.30 (-1.9%) to $68.17 on light volume. Thus far, 28,701 shares of Spectrum Brands Holdings exchanged hands as compared to its average daily volume of 141,600 shares. The stock has ranged in price between $68.16-$69.26 after having opened the day at $69.16 as compared to the previous trading day's close of $69.47.

Spectrum Brands Holdings, Inc., together with its subsidiaries, operates as a consumer products company worldwide. The company operates through Global Batteries & Appliances, Global Pet Supplies, Home and Garden Business, and Hardware & Home Improvement segments. Spectrum Brands Holdings has a market cap of $3.7 billion and is part of the industrial goods sector. Shares are up 54.6% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate Spectrum Brands Holdings a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Spectrum Brands Holdings as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Spectrum Brands Holdings Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

2. As of noon trading, Sony Corporation ( SNE) is down $0.34 (-1.9%) to $17.63 on light volume. Thus far, 974,324 shares of Sony Corporation exchanged hands as compared to its average daily volume of 2.9 million shares. The stock has ranged in price between $17.51-$17.71 after having opened the day at $17.63 as compared to the previous trading day's close of $17.97.

Sony Corporation designs, develops, manufactures, and sells electronic equipment, instruments, and devices for consumer, professional, and industrial markets worldwide. Sony Corporation has a market cap of $18.8 billion and is part of the consumer goods sector. The company has a P/E ratio of 5.2, below the S&P 500 P/E ratio of 17.7. Shares are up 61.6% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate Sony Corporation a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Sony Corporation as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and growth in earnings per share. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. Get the full Sony Corporation Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

1. As of noon trading, Clorox Company ( CLX) is down $1.35 (-1.4%) to $94.43 on average volume. Thus far, 518,706 shares of Clorox Company exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $94.26-$95.69 after having opened the day at $95.66 as compared to the previous trading day's close of $95.78.

The Clorox Company manufactures and markets consumer and professional products worldwide. Clorox Company has a market cap of $12.4 billion and is part of the consumer goods sector. The company has a P/E ratio of 22.1, above the S&P 500 P/E ratio of 17.7. Shares are up 30.8% year to date as of the close of trading on Monday. Currently there is 1 analyst that rates Clorox Company a buy, 3 analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Clorox Company as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, revenue growth, increase in stock price during the past year, growth in earnings per share and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Clorox Company Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

If you are interested in one of these 5 stocks, 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).
null

If you liked this article you might like

There Is Certainly a Disturbance in the (Markets) Force: Market Recon

There Is Certainly a Disturbance in the (Markets) Force: Market Recon

How Walmart and Costco Could See a Future Flush With Profits Thanks to an Abundance of Cute Puppies

How Walmart and Costco Could See a Future Flush With Profits Thanks to an Abundance of Cute Puppies

Eight Star Athletes Who Brought Their A-Game to Business World

Eight Star Athletes Who Brought Their A-Game to Business World

Spectrum Brands Stock Soars After First-Quarter Earnings Top Expectations

Spectrum Brands Stock Soars After First-Quarter Earnings Top Expectations

What to Expect When Spectrum Brands Posts First-Quarter Earnings

What to Expect When Spectrum Brands Posts First-Quarter Earnings