LKQ Corporation (LKQ): Today's Featured Automotive 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.

LKQ Corporation ( LKQ) pushed the Automotive industry lower today making it today's featured Automotive laggard. The industry as a whole closed the day up 0.1%. By the end of trading, LKQ Corporation fell $0.40 (-1.2%) to $32.96 on light volume. Throughout the day, 738,183 shares of LKQ Corporation exchanged hands as compared to its average daily volume of 1,275,000 shares. The stock ranged in price between $32.84-$33.51 after having opened the day at $33.42 as compared to the previous trading day's close of $33.36. Other companies within the Automotive industry that declined today were: Shiloh Industries ( SHLO), down 6.7%, Gentherm ( THRM), down 2.6%, Stoneridge ( SRI), down 2.1% and Icahn ( IEP), down 2.1%.

LKQ Corporation, together with its subsidiaries, provides replacement parts, components, and systems needed to repair vehicles, primarily cars and trucks in the United States, the United Kingdom, Canada, Mexico, and Central America. LKQ Corporation has a market cap of $10.0 billion and is part of the consumer goods sector. Shares are up 58.1% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate LKQ Corporation a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates LKQ Corporation as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, growth in earnings per share, compelling growth in net income, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the positive front, Quantum Fuel Systems Technologies Worldwide ( QTWW), up 6.7%, Patrick Industries ( PATK), up 3.6%, Westport Innovations ( WPRT), up 3.0% and Fuel Systems Solutions ( FSYS), up 2.9% , were all gainers within the automotive industry with Toyota Motor ( TM) being today's featured automotive industry leader.

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