Toyota Motor Corp (TM): 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.

Toyota Motor ( TM) pushed the Automotive industry higher today making it today's featured automotive winner. The industry as a whole closed the day up 0.6%. By the end of trading, Toyota Motor rose $1.31 (1.2%) to $109.73 on light volume. Throughout the day, 334,514 shares of Toyota Motor exchanged hands as compared to its average daily volume of 471,400 shares. The stock ranged in a price between $109.37-$110.15 after having opened the day at $110.12 as compared to the previous trading day's close of $108.42. Other companies within the Automotive industry that increased today were: Meritor ( MTOR), up 17.5%, Gentherm ( THRM), up 8.7%, Patrick Industries ( PATK), up 6.0% and American Axle & Mfg Holdings ( AXL), up 3.8%.

Toyota Motor Corporation engages in the design, manufacture, assembly, and sale of passenger cars, minivans, commercial vehicles, and related parts and accessories primarily in Japan, North America, Europe, and Asia. It operates through Automotive, Financial Services, and All Other segments. Toyota Motor has a market cap of $170.4 billion and is part of the consumer goods sector. The company has a P/E ratio of 17.0, below the S&P 500 P/E ratio of 17.7. Shares are down 11.1% year to date as of the close of trading on Wednesday. Currently there is 1 analyst that rates Toyota Motor a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Toyota Motor as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, attractive valuation levels 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 negative front, Hyster-Yale Materials Handling Inc Class A ( HY), down 6.2%, Federal Signal ( FSS), down 3.7%, Remy International ( REMY), down 2.5% and Shiloh Industries ( SHLO), down 2.4% , were all laggards within the automotive industry with BorgWarner ( BWA) 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).

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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