3 Consumer Non-Durables Stocks Driving The Industry Higher
All three major indices are trading down today with the
Dow Jones Industrial Average
(
^DJI
) trading down 86 points (-0.5%) at 18,509 as of Thursday, July 21, 2016, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,295 issues advancing vs. 1,607 declining with 160 unchanged.
The Consumer Non-Durables industry currently sits down 0.2% versus the S&P 500, which is down 0.3%.
TheStreet would like to highlight 3 stocks pushing the industry higher today:
3.
(
) is one of the companies pushing the Consumer Non-Durables industry higher today. As of noon trading, Crown Holdings is up $1.14 (2.2%) to $53.40 on heavy volume. Thus far, 1.9 million shares of Crown Holdings exchanged hands as compared to its average daily volume of 959,900 shares. The stock has ranged in price between $52.44-$55.50 after having opened the day at $52.44 as compared to the previous trading day's close of $52.26.
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Crown Holdings Inc. designs, manufactures, and sells packaging products for consumer goods in the Americas, Europe, and the Asia Pacific. Crown Holdings has a market cap of $7.2 billion and is part of the consumer goods sector. Shares are up 3.1% year-to-date as of the close of trading on Wednesday. Currently there are 4 analysts who rate Crown Holdings a buy, no analysts rate it a sell, and 3 rate it a hold.
TheStreet Ratings rates
Crown Holdings
as a
. The company's strengths can be seen in multiple areas, such as its notable return on equity, growth in earnings per share and increase in net income. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full
now.
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2. As of noon trading,
(
) is up $0.46 (1.7%) to $27.09 on light volume. Thus far, 1.1 million shares of Goodyear Tire & Rubber exchanged hands as compared to its average daily volume of 3.5 million shares. The stock has ranged in price between $26.70-$27.15 after having opened the day at $26.74 as compared to the previous trading day's close of $26.63.
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The Goodyear Tire & Rubber Company, together with its subsidiaries, develops, manufactures, markets, and distributes tires, and related products and services. Goodyear Tire & Rubber has a market cap of $7.1 billion and is part of the consumer goods sector. Shares are down 18.5% year-to-date as of the close of trading on Wednesday. Currently there are 3 analysts who rate Goodyear Tire & Rubber a buy, 1 analyst rates it a sell, and 1 rates it a hold.
TheStreet Ratings rates
Goodyear Tire & Rubber
as a
. The company's strongest point has been its expanding profit margins. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full
Goodyear Tire & Rubber Ratings Report
now.
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1. As of noon trading,
(
) is up $0.43 (1.0%) to $42.59 on average volume. Thus far, 2.7 million shares of Under Armour exchanged hands as compared to its average daily volume of 6.2 million shares. The stock has ranged in price between $42.15-$42.98 after having opened the day at $42.27 as compared to the previous trading day's close of $42.16.
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Under Armour, Inc. together with its subsidiaries, develops, markets, and distributes branded performance apparel, footwear, and accessories for men, women, and youth primarily in North America, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America. Under Armour has a market cap of $18.3 billion and is part of the consumer goods sector. Shares are up 4.6% year-to-date as of the close of trading on Wednesday. Currently there are 16 analysts who rate Under Armour a buy, 1 analyst rates it a sell, and 10 rate it a hold.
TheStreet Ratings rates
Under Armour
as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, growth in earnings per share and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and disappointing return on equity. 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 non-durables industry could consider
Consumer Staples Select Sector SPDR
(
) while those bearish on the consumer non-durables industry could consider
ProShares Ultra Sht Consumer Goods
(
).