Jarden Corporation (JAH): Today's Featured Consumer Durables 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.

Jarden Corporation ( JAH) pushed the Consumer Durables industry lower today making it today's featured Consumer Durables laggard. The industry as a whole closed the day up 1.1%. By the end of trading, Jarden Corporation fell $1.87 (-3.0%) to $59.70 on heavy volume. Throughout the day, 3,591,277 shares of Jarden Corporation exchanged hands as compared to its average daily volume of 952,300 shares. The stock ranged in price between $58.43-$61.05 after having opened the day at $60.34 as compared to the previous trading day's close of $61.57. Other companies within the Consumer Durables industry that declined today were: Leapfrog ( LF), down 8.9%, Malibu Boats Inc Class A ( MBUU), down 3.2%, Movado Group ( MOV), down 1.9% and Cobra Electronics Corporation ( COBR), down 1.9%.

Jarden Corporation manufactures, markets, and distributes consumer products in the Unites States and internationally. Jarden Corporation has a market cap of $7.9 billion and is part of the consumer goods sector. Shares are up 0.4% year to date as of the close of trading on Wednesday. Currently there are 7 analysts that rate Jarden Corporation a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Jarden Corporation as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth, good cash flow from operations, increase in net income 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, Diebold Incorporated ( DBD), up 9.5%, Virco Manufacturing Corporation ( VIRC), up 9.2%, iRobot Corporation ( IRBT), up 7.2% and SGOCO Group ( SGOC), up 6.8% , were all gainers within the consumer durables industry with Newell Rubbermaid ( NWL) being today's featured consumer durables industry leader.

For investors not wanting singular stock exposure, 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).

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

More from Markets

Video: There Are Some Big Changes Coming to the PGA Championships in 2019

Video: There Are Some Big Changes Coming to the PGA Championships in 2019

Video: One-on-One With Pluralsight's CEO Following Its Successful IPO

Video: One-on-One With Pluralsight's CEO Following Its Successful IPO

CBS-Viacom Battle Comes to a Head; FDA Approves Novartis Migraine Drug --ICMYI

CBS-Viacom Battle Comes to a Head; FDA Approves Novartis Migraine Drug --ICMYI

Listen: Here's What You Need To Know About ETFs Today (Hint: They're on Fire!)

Listen: Here's What You Need To Know About ETFs Today (Hint: They're on Fire!)

Cramer and His Team Stick to Their Disciplines -- Even When It's Disappointing

Cramer and His Team Stick to Their Disciplines -- Even When It's Disappointing