PACCAR Inc (PCAR): 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.

PACCAR ( PCAR) pushed the Automotive industry lower today making it today's featured Automotive laggard. The industry as a whole closed the day down 0.8%. By the end of trading, PACCAR fell $0.86 (-1.3%) to $67.41 on average volume. Throughout the day, 2,037,437 shares of PACCAR exchanged hands as compared to its average daily volume of 2,093,300 shares. The stock ranged in price between $67.16-$68.25 after having opened the day at $68.14 as compared to the previous trading day's close of $68.27. Other companies within the Automotive industry that declined today were: Gentherm ( THRM), down 4.8%, Patrick Industries ( PATK), down 3.6%, Fuel Systems Solutions ( FSYS), down 3.1% and Quantum Fuel Systems Technologies Worldwide ( QTWW), down 3.0%.

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 $24.0 billion and is part of the consumer goods sector. Shares are up 15.4% year to date as of the close of trading on Wednesday. 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 positive front, China Automotive Systems ( CAAS), up 4.0%, Shiloh Industries ( SHLO), up 3.6%, Superior Industries International ( SUP), up 1.7% and General Motors ( GM), up 1.6% , were all gainers within the automotive industry with LKQ Corporation ( LKQ) 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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