American Axle & Mfg Holdings Inc. (AXL): Today's Featured Automotive 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.

American Axle & Mfg Holdings ( AXL) pushed the Automotive industry higher today making it today's featured automotive winner. The industry as a whole closed the day up 0.4%. By the end of trading, American Axle & Mfg Holdings rose $0.69 (3.4%) to $20.99 on heavy volume. Throughout the day, 3,342,300 shares of American Axle & Mfg Holdings exchanged hands as compared to its average daily volume of 1,372,300 shares. The stock ranged in a price between $19.91-$21.48 after having opened the day at $20.10 as compared to the previous trading day's close of $20.30. Other companies within the Automotive industry that increased today were: Quantum Fuel Systems Technologies Worldwide ( QTWW), up 8.8%, Accuride ( ACW), up 6.4%, Wabash National Corporation ( WNC), up 5.2% and Marine Products Corporation ( MPX), up 2.2%.

American Axle & Manufacturing Holdings, Inc., together with its subsidiaries, engages in the design, engineering, validation, and manufacture of driveline and drivetrain systems, and related components and chassis modules for automotive industry worldwide. American Axle & Mfg Holdings has a market cap of $1.5 billion and is part of the consumer goods sector. The company has a P/E ratio of 3.8, below the S&P 500 P/E ratio of 17.7. Shares are down 0.7% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate American Axle & Mfg Holdings a buy, 2 analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates American Axle & Mfg Holdings as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, solid stock price performance, compelling growth in net income and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows low profit margins.

On the negative front, Lear Corporation ( LEA), down 2.9%, Visteon ( VC), down 2.5%, SORL Auto Parts ( SORL), down 1.8% and General Motors ( GM), down 1.6% , were all laggards within the automotive industry with LKQ Corporation ( LKQ) being today's automotive industry laggard.

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).

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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