Cooper Tire & Rubber Company (CTB): Today's Featured Consumer Goods 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.

Cooper Tire & Rubber Company ( CTB) pushed the Consumer Goods sector higher today making it today's featured consumer goods winner. The sector as a whole closed the day up 0.6%. By the end of trading, Cooper Tire & Rubber Company rose $0.39 (1.6%) to $25.18 on average volume. Throughout the day, 2,697,719 shares of Cooper Tire & Rubber Company exchanged hands as compared to its average daily volume of 2,008,400 shares. The stock ranged in a price between $24.81-$25.23 after having opened the day at $24.86 as compared to the previous trading day's close of $24.79. Other companies within the Consumer Goods sector that increased today were: Verso Paper ( VRS), up 387.7%, Origin Agritech ( SEED), up 39.2%, Delta Apparel ( DLA), up 9.2% and Swisher Hygiene ( SWSH), up 8.2%.

Cooper Tire & Rubber Company, together with its subsidiaries, manufactures and markets replacement tires worldwide. It operates in two segments, North American Tire Operations and International Tire Operations. Cooper Tire & Rubber Company has a market cap of $1.6 billion and is part of the consumer non-durables industry. The company has a P/E ratio of 6.4, below the S&P 500 P/E ratio of 17.7. Shares are up 3.1% year to date as of the close of trading on Friday. Currently there are no analysts that rate Cooper Tire & Rubber Company a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Cooper Tire & Rubber Company as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.

On the negative front, Select Comfort Corporation ( SCSS), down 19.1%, Truett-Hurst Inc Class A ( THST), down 6.9%, Crumbs Bake Shop ( CRMB), down 6.5% and Shiloh Industries ( SHLO), down 6.2% , were all laggards within the consumer goods sector with Ecolab ( ECL) being today's consumer goods sector laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer goods sector could consider iShares Dow Jones US Cons Goods ( IYK) while those bearish on the consumer goods sector 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

The Stock That Crashed 25% Overnight Has a Lesson to Teach Us: Market Recon

Cooper Tire & Rubber Hits 52-Week High on Upgrade

Looking for Value Plays, Retail Stocks Can Be Excluded

Retail Stocks Don't Make Good Value Plays

Market Recon: You Know That 'Phenomenal' Tax Reform? It Better Be