LKQ Corporation (LKQ): 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.

LKQ Corporation ( LKQ) pushed the Automotive industry higher today making it today's featured automotive winner. The industry as a whole closed the day down 1.4%. By the end of trading, LKQ Corporation rose $0.28 (1.0%) to $27.42 on light volume. Throughout the day, 1,618,257 shares of LKQ Corporation exchanged hands as compared to its average daily volume of 3,523,700 shares. The stock ranged in a price between $26.99-$27.74 after having opened the day at $27.40 as compared to the previous trading day's close of $27.14. Other companies within the Automotive industry that increased today were: Marine Products Corporation ( MPX), up 2.9% and Miller Industries ( MLR), up 1.9%.

LKQ Corporation, together with its subsidiaries, provides replacement parts, components, and systems needed to repair cars and trucks in the United States, the United Kingdom, the Netherlands, Belgium, Northern France, Canada, Mexico, and Central America. LKQ Corporation has a market cap of $8.4 billion and is part of the consumer goods sector. Shares are down 17.5% year to date as of the close of trading on Thursday. Currently there are 8 analysts that rate LKQ Corporation a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates LKQ Corporation as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the negative front, Strattec Security Corporation ( STRT), down 4.1%, General Motors ( GM), down 4.1%, Monro Muffler Brake ( MNRO), down 3.9% and Meritor ( MTOR), down 3.6% , were all laggards within the automotive industry with PACCAR ( PCAR) 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).

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