PACCAR Inc (PCAR): 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.

PACCAR ( PCAR) pushed the Automotive industry higher today making it today's featured automotive winner. The industry as a whole was unchanged today. By the end of trading, PACCAR rose $1.02 (1.5%) to $67.65 on heavy volume. Throughout the day, 3,005,653 shares of PACCAR exchanged hands as compared to its average daily volume of 1,928,900 shares. The stock ranged in a price between $67.06-$68.81 after having opened the day at $68.44 as compared to the previous trading day's close of $66.63. Other companies within the Automotive industry that increased today were: Quantum Fuel Systems Technologies Worldwide ( QTWW), up 6.0%, Fox Factory ( FOXF), up 5.0%, Federal-Mogul ( FDML), up 4.5% and Patrick Industries ( PATK), up 3.8%.

PACCAR Inc, together with its subsidiaries, designs, manufactures, and distributes light, medium, and heavy-duty trucks and related aftermarket parts worldwide. It operates through three segments: Truck, Parts, and Financial Services. PACCAR has a market cap of $23.9 billion and is part of the consumer goods sector. Shares are up 12.6% year to date as of the close of trading on Monday. Currently there are 6 analysts that rate PACCAR a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates PACCAR as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, increase in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

On the negative front, Navistar International ( NAV), down 4.4%, Wabash National Corporation ( WNC), down 3.1%, Westport Innovations ( WPRT), down 2.9% and Remy International ( REMY), down 2.5% , were all laggards within the automotive industry with Tenneco ( TEN) 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.

More from Markets

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%