3 Consumer Durables Stocks Driving The Industry Higher

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.

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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2. As of noon trading, Mohawk Industries ( MHK) is up $0.89 (0.7%) to $130.43 on average volume. Thus far, 485,211 shares of Mohawk Industries exchanged hands as compared to its average daily volume of 882,800 shares. The stock has ranged in price between $128.50-$130.89 after having opened the day at $128.86 as compared to the previous trading day's close of $129.54.

Mohawk Industries, Inc., together with its subsidiaries, designs, manufactures, sources, distributes, and markets floor covering products for residential and commercial applications in both remodeling and new construction worldwide. Mohawk Industries has a market cap of $9.4 billion and is part of the consumer goods sector. Shares are down 13.7% year-to-date as of the close of trading on Tuesday. Currently there are 7 analysts who rate Mohawk Industries a buy, no analysts rate it a sell, and 1 rates it a hold.

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

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

1. As of noon trading, Whirlpool ( WHR) is up $1.99 (1.4%) to $145.88 on light volume. Thus far, 433,954 shares of Whirlpool exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $143.39-$146.86 after having opened the day at $143.45 as compared to the previous trading day's close of $143.89.

Whirlpool Corporation manufactures and markets home appliances and related products worldwide. The company's principal products include laundry appliances, refrigerators and freezers, cooking appliances, dishwashers, mixers, and other portable household appliances. Whirlpool has a market cap of $11.4 billion and is part of the consumer goods sector. Shares are down 7.1% year-to-date as of the close of trading on Tuesday. Currently there are 5 analysts who rate Whirlpool a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Whirlpool as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, increase in stock price during the past year and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Whirlpool Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

If you are interested in one of these 3 stocks, 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).

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