Pitney Bowes Inc (PBI): 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.

Pitney Bowes ( PBI) pushed the Consumer Durables industry higher today making it today's featured consumer durables winner. The industry as a whole closed the day up 0.3%. By the end of trading, Pitney Bowes rose $0.72 (3.1%) to $23.77 on average volume. Throughout the day, 3,789,819 shares of Pitney Bowes exchanged hands as compared to its average daily volume of 4,270,700 shares. The stock ranged in a price between $22.97-$23.84 after having opened the day at $23.00 as compared to the previous trading day's close of $23.05. Other companies within the Consumer Durables industry that increased today were: Mattress Firm ( MFRM), up 5.8%, SGOCO Group ( SGOC), up 3.6%, Eastman Kodak Company ( KODK), up 3.3% and Flexsteel Industries ( FLXS), up 3.1%.

Pitney Bowes Inc. provides software, hardware, and services to enable physical and digital communications in the United States and internationally. Pitney Bowes has a market cap of $4.7 billion and is part of the consumer goods sector. Shares are up 116.6% year to date as of the close of trading on Tuesday. Currently there is 1 analyst that rates Pitney Bowes a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Pitney Bowes as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, notable return on equity, 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.

On the negative front, Elecsys Corporation ( ESYS), down 3.5%, Acme United Corporation ( ACU), down 2.2%, Natuzzi SPA ( NTZ), down 2.0% and Fabrinet ( FN), down 1.6%.

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.

If you liked this article you might like

Big Pharma and the Sellers of Its Products Now Have a Problem

Big Pharma and the Sellers of Its Products Now Have a Problem

Earnings Season Guessing Games: Cramer's 'Mad Money' Recap (Friday 1/19/18)

Earnings Season Guessing Games: Cramer's 'Mad Money' Recap (Friday 1/19/18)

JetBlue, Southwest, Mondelez International: 'Mad Money' Lightning Round

JetBlue, Southwest, Mondelez International: 'Mad Money' Lightning Round

Germany's Market Hits Record and Wall Street May Follow as Stocks Roar

Germany's Market Hits Record and Wall Street May Follow as Stocks Roar

The Worm Has Obviously Turned: Market Recon

The Worm Has Obviously Turned: Market Recon