Sony Corporation (SNE): Today's Featured Consumer 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.

Sony Corporation ( SNE) pushed the Consumer Durables industry higher today making it today's featured consumer durables winner. The industry as a whole was unchanged today. By the end of trading, Sony Corporation rose $0.23 (1.3%) to $17.67 on average volume. Throughout the day, 2,573,042 shares of Sony Corporation exchanged hands as compared to its average daily volume of 2,798,100 shares. The stock ranged in a price between $17.52-$17.69 after having opened the day at $17.65 as compared to the previous trading day's close of $17.44. Other companies within the Consumer Durables industry that increased today were: Elecsys Corporation ( ESYS), up 9.6%, Natuzzi SPA ( NTZ), up 6.3%, Marine Products Corporation ( MPX), up 6.0% and Brunswick Corporation ( BC), up 3.4%.

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 $18.3 billion and is part of the consumer goods sector. The company has a P/E ratio of 5.0, below the S&P 500 P/E ratio of 17.7. Shares are up 57.3% year to date as of the close of trading on Wednesday. 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.

On the negative front, SGOCO Group ( SGOC), down 4.2%, Nautilus Group ( NLS), down 3.8%, Acme United Corporation ( ACU), down 3.5% and Harbinger Group ( HRG), down 2.8% , were all laggards within the consumer durables industry with Harman International Industries ( HAR) being today's consumer durables industry laggard.

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).

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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