3 Consumer Goods Stocks On The Rise
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.
All three major indices are trading down today with the
Dow Jones Industrial Average
(
^DJI
) trading down 105 points (-0.6%) at 17,744 as of Wednesday, March 18, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,422 issues advancing vs. 1,524 declining with 171 unchanged.
The Consumer Goods sector currently sits down 0.1% versus the S&P 500, which is down 0.3%. On the negative front, top decliners within the sector include
(
), down 3.0%,
(
), down 2.5%,
(
), down 2.3%,
(
), down 2.0% and
(
), down 2.0%.
TheStreet would like to highlight 3 stocks pushing the sector higher today:
3.
(
) is one of the companies pushing the Consumer Goods sector higher today. As of noon trading, Canon is up $0.65 (1.9%) to $34.00 on average volume. Thus far, 133,137 shares of Canon exchanged hands as compared to its average daily volume of 310,100 shares. The stock has ranged in price between $33.91-$34.09 after having opened the day at $34.05 as compared to the previous trading day's close of $33.35.
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Canon Inc. manufactures and sells office multifunction devices (MFDs), plain paper copying machines, laser printers, inkjet printers, cameras, and lithography equipment. Canon has a market cap of $36.0 billion and is part of the consumer durables industry. Shares are up 5.3% year-to-date as of the close of trading on Tuesday. Currently there are no analysts who rate Canon a buy, no analysts rate it a sell, and 2 rate it a hold.
TheStreet Ratings rates
Canon
as a
. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full
now.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
2. As of noon trading,
(
) is up $1.77 (1.3%) to $138.73 on average volume. Thus far, 174,504 shares of Toyota Motor exchanged hands as compared to its average daily volume of 294,800 shares. The stock has ranged in price between $138.65-$139.24 after having opened the day at $138.99 as compared to the previous trading day's close of $136.96.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
Toyota Motor Corporation designs, manufactures, assembles, and sells passenger cars, minivans, commercial vehicles, and related parts and accessories in Japan, North America, Europe, Asia, and internationally. It operates through Automotive, Financial Services, and All Other segments. Toyota Motor has a market cap of $216.3 billion and is part of the automotive industry. Shares are up 9.2% year-to-date as of the close of trading on Tuesday. Currently there is 1 analyst who rates Toyota Motor a buy, no analysts rate it a sell, and 1 rates it a hold.
TheStreet Ratings rates
Toyota Motor
as a
. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full
now.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
1. As of noon trading,
(
) is up $1.13 (4.2%) to $27.88 on average volume. Thus far, 1.3 million shares of Sony exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $27.86-$28.14 after having opened the day at $27.95 as compared to the previous trading day's close of $26.75.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
Sony Corporation designs, develops, manufactures, and sells electronic equipment, instruments, and devices for consumer, professional, and industrial markets worldwide. Sony has a market cap of $29.7 billion and is part of the consumer durables industry. Shares are up 30.7% year-to-date as of the close of trading on Tuesday. Currently there are 3 analysts who rate Sony a buy, no analysts rate it a sell, and none rate it a hold.
TheStreet Ratings rates
Sony
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. Get the full
now.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
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
(
) while those bearish on the consumer goods sector could consider
ProShares Ultra Sht Consumer Goods
(
).
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