Today's Stocks Driving Success For The Consumer Goods Sector
1. As of noon trading, Philip Morris International ( PM) is up $0.94 (1.1%) to $90.55 on average volume. Thus far, 2.3 million shares of Philip Morris International exchanged hands as compared to its average daily volume of 5.3 million shares. The stock has ranged in price between $89.31-$90.75 after having opened the day at $89.52 as compared to the previous trading day's close of $89.61. Philip Morris International Inc., through its subsidiaries, manufactures and sells cigarettes and other tobacco products. Philip Morris International has a market cap of $146.7 billion and is part of the tobacco industry. Shares are up 7.2% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate Philip Morris International a buy, no analysts rate it a sell, and 3 rate it a hold. TheStreet Ratings rates Philip Morris International as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and weak operating cash flow. Get the full Philip Morris International 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 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).
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