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. General Motors ( GM) pushed the Automotive industry higher today making it today's featured automotive winner. The industry as a whole closed the day up 1.9%. By the end of trading, General Motors rose $0.44 (1.1%) to $40.02 on light volume. Throughout the day, 15,974,619 shares of General Motors exchanged hands as compared to its average daily volume of 22,055,800 shares. The stock ranged in a price between $39.57-$40.16 after having opened the day at $39.77 as compared to the previous trading day's close of $39.58. Other companies within the Automotive industry that increased today were: Tesla Motors ( TSLA), up 15.7%, Dana ( DAN), up 9.7%, SORL Auto Parts ( SORL), up 8.6% and American Axle & Mfg Holdings ( AXL), up 4.5%. General Motors Company (GM) designs, manufactures, and markets cars, crossovers, trucks, and automobile parts worldwide. General Motors has a market cap of $55.6 billion and is part of the consumer goods sector. The company has a P/E ratio of 17.0, below the S&P 500 P/E ratio of 17.7. Shares are down 3.2% year to date as of the close of trading on Monday. Currently there are 10 analysts that rate General Motors a buy, no analysts rate it a sell, and 3 rate it a hold. TheStreet Ratings rates General Motors as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
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