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.
One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 2 points (0.0%) at 17,750 as of Thursday, July 30, 2015, 1:05 PM ET. The NYSE advances/declines ratio sits at 1,461 issues advancing vs. 1,490 declining with 187 unchanged.
The Automotive industry currently sits up 0.1% versus the S&P 500, which is unchanged.
TheStreet would like to highlight 3 stocks pushing the industry higher today:
3. Icahn ( IEP) is one of the companies pushing the Automotive industry higher today. As of noon trading, Icahn is up $2.22 (2.8%) to $82.70 on heavy volume. Thus far, 53,951 shares of Icahn exchanged hands as compared to its average daily volume of 71,400 shares. The stock has ranged in price between $80.49-$82.99 after having opened the day at $81.10 as compared to the previous trading day's close of $80.48.
Icahn Enterprises L.P., through its subsidiaries, operates in investment, automotive, energy, metals, railcar, gaming, food packaging, real estate, and home fashion businesses in the United States, Germany, and Internationally. Its Investment segment operates various private investment funds.
Icahn has a market cap of $10.1 billion and is part of the conglomerates sector. Shares are down 12.4% year-to-date as of the close of trading on Wednesday. Currently there is 1 analyst who rates Icahn a buy, no analysts rate it a sell, and 1 rates it a hold.
TheStreet Ratings rates Icahn as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, good cash flow from operations and growth in earnings per share.
However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, disappointing return on equity and a generally disappointing performance in the stock itself. Get the full Icahn Ratings Report now.
Read more at: http://www.thestreet.com/story/13238605/1/3-automotive-stocks-pushing-the-industry-higher.html
One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 2 points (0.0%) at 17,750 as of Thursday, July 30, 2015, 1:05 PM ET. The NYSE advances/declines ratio sits at 1,461 issues advancing vs. 1,490 declining with 187 unchanged.
The Automotive industry currently sits up 0.1% versus the S&P 500, which is unchanged.
TheStreet would like to highlight 3 stocks pushing the industry higher today:
3. Icahn ( IEP) is one of the companies pushing the Automotive industry higher today. As of noon trading, Icahn is up $2.22 (2.8%) to $82.70 on heavy volume. Thus far, 53,951 shares of Icahn exchanged hands as compared to its average daily volume of 71,400 shares. The stock has ranged in price between $80.49-$82.99 after having opened the day at $81.10 as compared to the previous trading day's close of $80.48.
Icahn Enterprises L.P., through its subsidiaries, operates in investment, automotive, energy, metals, railcar, gaming, food packaging, real estate, and home fashion businesses in the United States, Germany, and Internationally. Its Investment segment operates various private investment funds.
Icahn has a market cap of $10.1 billion and is part of the conglomerates sector. Shares are down 12.4% year-to-date as of the close of trading on Wednesday. Currently there is 1 analyst who rates Icahn a buy, no analysts rate it a sell, and 1 rates it a hold.
TheStreet Ratings rates Icahn as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, good cash flow from operations and growth in earnings per share.
However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, disappointing return on equity and a generally disappointing performance in the stock itself. Get the full Icahn Ratings Report now.
Read more at: http://www.thestreet.com/story/13238605/1/3-automotive-stocks-pushing-the-industry-higher.html
No comments:
Post a Comment