Tesla Motors Inc. (TSLA): Today's Featured Automotive 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.

Tesla Motors ( TSLA) pushed the Automotive industry lower today making it today's featured Automotive laggard. The industry as a whole was unchanged today. By the end of trading, Tesla Motors fell $7.73 (-3.1%) to $244.81 on average volume. Throughout the day, 14,358,214 shares of Tesla Motors exchanged hands as compared to its average daily volume of 9,752,500 shares. The stock ranged in price between $242.55-$252.68 after having opened the day at $249.65 as compared to the previous trading day's close of $252.54. Other companies within the Automotive industry that declined today were: Meritor ( MTOR), down 2.1%, Quantum Fuel Systems Technologies Worldwide ( QTWW), down 1.9%, Westport Innovations ( WPRT), down 1.7% and General Motors ( GM), down 1.6%.

Tesla Motors, Inc. designs, develops, manufactures, and sells electric vehicles and electric vehicle powertrain components. Tesla Motors has a market cap of $31.0 billion and is part of the consumer goods sector. Shares are up 67.9% year to date as of the close of trading on Thursday. Currently there are 6 analysts that rate Tesla Motors a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Tesla Motors as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we find that the company's profit margins have been poor overall.

On the positive front, LKQ Corporation ( LKQ), up 3.5%, Supreme Industries ( STS), up 2.7%, Strattec Security Corporation ( STRT), up 2.0% and Hyster-Yale Materials Handling Inc Class A ( HY), up 1.6% , were all gainers within the automotive industry with PACCAR ( PCAR) being today's featured automotive industry leader.

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).

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

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