3 Consumer Durables Stocks Driving The Industry Higher

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All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 34 points (0.2%) at 16,464 as of Wednesday, Aug. 6, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 2,014 issues advancing vs. 970 declining with 140 unchanged.

The Consumer Durables industry currently sits up 0.6% versus the S&P 500, which is up 0.4%. A company within the industry that increased today was Clorox ( CLX), up 1.6%. A company within the industry that fell today was Royal Philips ( PHG), up 0.5%.

TheStreet would like to highlight 3 stocks pushing the industry higher today:

3. Fortune Brands Home & Security ( FBHS) is one of the companies pushing the Consumer Durables industry higher today. As of noon trading, Fortune Brands Home & Security is up $0.42 (1.1%) to $39.68 on average volume. Thus far, 771,993 shares of Fortune Brands Home & Security exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $38.85-$40.11 after having opened the day at $38.89 as compared to the previous trading day's close of $39.26.

Fortune Brands Home & Security, Inc. provides home and security products for use in residential home repair, remodeling, new construction, security applications, and storage. Fortune Brands Home & Security has a market cap of $6.1 billion and is part of the consumer goods sector. Shares are down 15.9% year-to-date as of the close of trading on Tuesday. Currently there are 4 analysts who rate Fortune Brands Home & Security a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Fortune Brands Home & Security as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Fortune Brands Home & Security Ratings Report now.

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