Tesla Motors Inc. (TSLA): 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.

Tesla Motors ( TSLA) pushed the Automotive industry higher today making it today's featured automotive winner. The industry as a whole closed the day up 0.8%. By the end of trading, Tesla Motors rose $6.26 (3.2%) to $204.38 on light volume. Throughout the day, 5,219,865 shares of Tesla Motors exchanged hands as compared to its average daily volume of 9,274,900 shares. The stock ranged in a price between $194.00-$206.20 after having opened the day at $197.08 as compared to the previous trading day's close of $198.12. Other companies within the Automotive industry that increased today were: Fuel Systems Solutions ( FSYS), up 5.1%, Douglas Dynamics ( PLOW), up 4.4%, China Automotive Systems ( CAAS), up 4.1% and Shiloh Industries ( SHLO), up 3.9%.

Tesla Motors, Inc. designs, develops, manufactures, and sells electric vehicles and electric vehicle powertrain components. Tesla Motors has a market cap of $24.4 billion and is part of the consumer goods sector. Shares are up 31.7% year to date as of the close of trading on Thursday. Currently there are 5 analysts that rate Tesla Motors a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Tesla Motors as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we find that the company's profit margins have been poor overall.

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.

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