Mead Johnson Nutrition Company (MJN): Today's Featured Consumer Goods Winner

Mead Johnson Nutrition Company (MJN) pushed the Consumer Goods sector higher today making it today's featured consumer goods winner. The sector as a whole closed the day down 0.3%. By the end of trading, Mead Johnson Nutrition Company rose 87 cents (1.1%) to $79.02 on average volume. Throughout the day, 1.5 million shares of Mead Johnson Nutrition Company exchanged hands as compared to its average daily volume of 1.3 million shares. The stock ranged in a price between $77.75-$79.13 after having opened the day at $78.13 as compared to the previous trading day's close of $78.15. Other companies within the Consumer Goods sector that increased today were: Smart Balance (SMBL), up 16.5%, Frederick's of Hollywood Group (FOH), up 10.2%, Reeds (REED), up 10%, and Exceed Company (EDS), up 7%.

Mead Johnson Nutrition Company manufactures, distributes, and sells infant formulas, children's nutritional products, and other nutritional products in Asia, Europe, Latin America, and North America. Mead Johnson Nutrition Company has a market cap of $16.46 billion and is part of the food & beverage industry. The company has a P/E ratio of 31.4, below the average food & beverage industry P/E ratio of 31.7 and above the S&P 500 P/E ratio of 17.7. Shares are up 17.5% year to date as of the close of trading on Friday. Currently there are six analysts that rate Mead Johnson Nutrition Company a buy, no analysts rate it a sell, and five rate it a hold.

TheStreet Ratings rates Mead Johnson Nutrition Company 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, growth in earnings per share, increase in net income and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

• You can view the full Mead Johnson Nutrition Ratings Report.

On the negative front, Quantum Fuel Systems Technologies Worldwide (QTWW), down 13.3%, Calavo Growers (CVGW), down 10.2%, Central European Distribution (CEDC), down 8.7%, and Orbital (OBT), down 7%, were all losers within the consumer goods sector with BorgWarner (BWA) being today's consumer goods sector loser.

• Use our consumer goods section to find sector-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer goods sector could consider iShares Dow Jones US Cons Goods (IYK) while those bearish on the consumer goods sector could consider ProShares Ultra Sht Consumer Goods (SZK).

• Find other investment ideas from our top rated ETFs lists.

For more information on Mead Johnson Nutrition Company click any of the following:

• Mead Johnson Nutrition Company Stock Price

• Mead Johnson Nutrition Company Analyst Ratings

• Mead Johnson Nutrition Company Key Stats & Profile

• Mead Johnson Nutrition Company Earnings

• Mead Johnson Nutrition Company Ratio Comparison

• Mead Johnson Nutrition Company Growth Rates

• Mead Johnson Nutrition Company Balance Sheet

• Mead Johnson Nutrition Company Cash Flow

• Mead Johnson Nutrition Company Income Statement