This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stock Under $10 that he thinks could potentially double or triple in the next 6 to 12-months. See what he's trading today with a 14-day FREE pass.

3 Stocks Boosting The Food & Beverage 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 traded up today with the Dow Jones Industrial Average ( ^DJI) trading up 68 points (0.4%) at 16,974 as of Wednesday, July 9, 2014, 3:55 PM ET. The NYSE advances/declines ratio sits at 1,593 issues advancing vs. 1,369 declining with 158 unchanged.

The Food & Beverage industry as a whole closed the day up 0.3% versus the S&P 500, which was up 0.5%. Top gainers within the Food & Beverage industry included Golden ( GLDC), up 1.8%, Leading Brands ( LBIX), up 3.9%, Agria ( GRO), up 2.4%, Rocky Mountain Chocolate ( RMCF), up 1.6% and Reeds ( REED), up 2.4%.

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

Rocky Mountain Chocolate ( RMCF) is one of the companies that pushed the Food & Beverage industry higher today. Rocky Mountain Chocolate was up $0.21 (1.6%) to $13.22 on light volume. Throughout the day, 5,613 shares of Rocky Mountain Chocolate exchanged hands as compared to its average daily volume of 10,200 shares. The stock ranged in a price between $13.04-$13.34 after having opened the day at $13.04 as compared to the previous trading day's close of $13.01.

Rocky Mountain Chocolate Factory, Inc. operates as a confectionery franchisor, manufacturer, and retail operator. Rocky Mountain Chocolate has a market cap of $83.0 million and is part of the consumer goods sector. Shares are up 12.1% year-to-date as of the close of trading on Tuesday. Currently there are no analysts who rate Rocky Mountain Chocolate a buy, no analysts rate it a sell, and none rate it a hold.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

TheStreet Ratings rates Rocky Mountain Chocolate 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 expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

Highlights from TheStreet Ratings analysis on RMCF go as follows:

  • RMCF's revenue growth has slightly outpaced the industry average of 3.1%. Since the same quarter one year prior, revenues slightly increased by 7.5%. Growth in the company's revenue appears to have helped boost the earnings per share.
  • The current debt-to-equity ratio, 0.31, is low and is below the industry average, implying that there has been successful management of debt levels. Along with the favorable debt-to-equity ratio, the company maintains an adequate quick ratio of 1.47, which illustrates the ability to avoid short-term cash problems.
  • ROCKY MOUNTAIN CHOC FACT INC reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, ROCKY MOUNTAIN CHOC FACT INC increased its bottom line by earning $0.69 versus $0.24 in the prior year. This year, the market expects an improvement in earnings ($0.86 versus $0.69).
  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Food Products industry. The net income increased by 1447.9% when compared to the same quarter one year prior, rising from $0.10 million to $1.49 million.
  • 35.89% is the gross profit margin for ROCKY MOUNTAIN CHOC FACT INC which we consider to be strong. It has increased from the same quarter the previous year. Along with this, the net profit margin of 13.43% is above that of the industry average.

You can view the full analysis from the report here: Rocky Mountain Chocolate Ratings Report

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
Submit an article to us!
DOW 17,029.33 -1.81 -0.01%
S&P 500 1,986.88 +2.75 0.14%
NASDAQ 4,519.54 +0.6380 0.01%

Brokerage Partners

Top Rated Stocks Top Rated Funds Top Rated ETFs