Sony Corporation (SNE): 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.

Sony Corporation ( SNE) pushed the Consumer Durables industry lower today making it today's featured Consumer Durables laggard. The industry as a whole closed the day down 0.6%. By the end of trading, Sony Corporation fell $0.34 (-1.9%) to $17.21 on light volume. Throughout the day, 1,822,632 shares of Sony Corporation exchanged hands as compared to its average daily volume of 2,795,600 shares. The stock ranged in price between $17.04-$17.28 after having opened the day at $17.20 as compared to the previous trading day's close of $17.55. Other companies within the Consumer Durables industry that declined today were: Entertainment Gaming Asia ( EGT), down 9.7%, Virco Manufacturing Corporation ( VIRC), down 4.2%, Marine Products Corporation ( MPX), down 3.3% and Gaming Partners International Corporation ( GPIC), down 3.1%.

Sony Corporation designs, develops, manufactures, and sells electronic equipment, instruments, and devices for consumer, professional, and industrial markets worldwide. Sony Corporation has a market cap of $18.2 billion and is part of the consumer goods sector. Shares are up 1.5% year to date as of the close of trading on Friday. Currently there are 3 analysts that rate Sony Corporation a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Sony Corporation as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth and increase in stock price during the past year. However, as a counter to these strengths, we find that the company's profit margins have been poor overall.

On the positive front, Nova Lifestyle ( NVFY), up 3.0%, Kewaunee Scientific ( KEQU), up 3.0%, Kid Brands ( KID), up 2.9% and Elecsys Corporation ( ESYS), up 2.5%.

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.

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