3 Consumer Durables Stocks Dragging The Industry Down

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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 153 points (1.0%) at 15,892 as of Thursday, Jan. 30, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 2,359 issues advancing vs. 580 declining with 163 unchanged.

The Consumer Durables industry currently sits up 1.2% versus the S&P 500, which is up 1.0%. A company within the industry that increased today was Xerox Corporation ( XRX), up 2.0%.

TheStreet would like to highlight 3 stocks pushing the industry lower today:

3. Canon ( CAJ) is one of the companies pushing the Consumer Durables industry lower today. As of noon trading, Canon is down $0.40 (-1.3%) to $29.40 on average volume. Thus far, 268,142 shares of Canon exchanged hands as compared to its average daily volume of 369,400 shares. The stock has ranged in price between $29.35-$29.72 after having opened the day at $29.64 as compared to the previous trading day's close of $29.80.

Canon Inc. engages in the manufacture and sale of office multifunction devices (MFDs), plain paper copying machines, laser printers, inkjet printers, cameras, and lithography equipment worldwide. Canon has a market cap of $34.5 billion and is part of the consumer goods sector. The company has a P/E ratio of 12.2, below the S&P 500 P/E ratio of 17.7. Shares are down 6.6% year-to-date as of the close of trading on Wednesday. Currently there are 3 analysts that rate Canon a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Canon as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, feeble growth in the company's earnings per share and disappointing return on equity. Get the full Canon Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

2. As of noon trading, Fortune Brands Home & Security ( FBHS) is down $2.41 (-5.3%) to $43.24 on heavy volume. Thus far, 1.8 million shares of Fortune Brands Home & Security exchanged hands as compared to its average daily volume of 994,500 shares. The stock has ranged in price between $41.53-$43.74 after having opened the day at $43.28 as compared to the previous trading day's close of $45.65.

Fortune Brands Home & Security, Inc. provides home and security products for use in residential home repair, remodeling, new construction, and security and storage applications. Fortune Brands Home & Security has a market cap of $7.7 billion and is part of the consumer goods sector. The company has a P/E ratio of 43.4, above the S&P 500 P/E ratio of 17.7. Shares are up 1.5% year-to-date as of the close of trading on Wednesday. Currently there are 3 analysts that rate Fortune Brands Home & Security a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Fortune Brands Home & Security as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and solid stock price performance. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Fortune Brands Home & Security Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

1. As of noon trading, Whirlpool Corporation ( WHR) is down $3.41 (-2.4%) to $138.22 on heavy volume. Thus far, 1.4 million shares of Whirlpool Corporation exchanged hands as compared to its average daily volume of 834,100 shares. The stock has ranged in price between $137.27-$147.00 after having opened the day at $146.45 as compared to the previous trading day's close of $141.63.

Whirlpool Corporation engages in the manufacture and marketing of home appliances worldwide. The company's principal products include laundry appliances, refrigerators and freezers, cooking appliances, dishwashers, mixers, and other portable household appliances. Whirlpool Corporation has a market cap of $11.3 billion and is part of the consumer goods sector. The company has a P/E ratio of 15.2, below the S&P 500 P/E ratio of 17.7. Shares are down 9.7% year-to-date as of the close of trading on Wednesday. Currently there are 3 analysts that rate Whirlpool Corporation a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Whirlpool Corporation as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Whirlpool Corporation Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

If you are interested in one of these 5 stocks, 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).

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