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.General Motors ( GM) pushed the Automotive industry higher today making it today's featured automotive winner. The industry as a whole closed the day up 0.4%. By the end of trading, General Motors rose $0.62 (1.9%) to $32.55 on light volume. Throughout the day, 18,541,614 shares of General Motors exchanged hands as compared to its average daily volume of 28,116,300 shares. The stock ranged in a price between $32.15-$32.88 after having opened the day at $32.29 as compared to the previous trading day's close of $31.93. Other companies within the Automotive industry that increased today were: Supreme Industries ( STS), up 4.2%, Monro Muffler Brake ( MNRO), up 3.1%, Arctic Cat ( ACAT), up 2.7% and Stoneridge ( SRI), up 2.5%.
General Motors Company (GM) designs, manufactures, and markets cars, crossovers, trucks, and automobile parts worldwide. General Motors has a market cap of $52.9 billion and is part of the consumer goods sector. Shares are down 21.9% year to date as of the close of trading on Friday. Currently there are 10 analysts that rate General Motors a buy, 1 analyst rates it a sell, and 2 rate it a hold. TheStreet Ratings rates General Motors as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had sub par growth in net income.