Jarden Corp (JAH): Today's Featured Consumer Durables 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.

Jarden ( JAH) pushed the Consumer Durables industry lower today making it today's featured Consumer Durables laggard. The industry as a whole closed the day down 1.1%. By the end of trading, Jarden fell $0.89 (-1.6%) to $56.19 on light volume. Throughout the day, 811,631 shares of Jarden exchanged hands as compared to its average daily volume of 1,488,100 shares. The stock ranged in price between $56.19-$57.30 after having opened the day at $57.16 as compared to the previous trading day's close of $57.08. Other companies within the Consumer Durables industry that declined today were: iRobot ( IRBT), down 10.4%, Jakks Pacific ( JAKK), down 9.4%, Manchester United ( MANU), down 5.0% and Avery Dennison ( AVY), down 4.4%.

Jarden Corporation manufactures, markets, and distributes consumer products in the Unites States and internationally. Jarden has a market cap of $7.5 billion and is part of the consumer goods sector. Shares are down 7.0% year to date as of the close of trading on Tuesday. Currently there are 8 analysts that rate Jarden a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Jarden as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, SGOCO Group ( SGOC), up 5.7%, Xerox Corporation ( XRX), up 3.2%, Ethan Allen Interiors ( ETH), up 2.8% and Koss ( KOSS), up 2.5%.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer durables industry could consider Consumer Discretionary Sel Sec SPDR ( XLY) while those bearish on the consumer durables 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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