3 Stocks Improving Performance Of The Food & Beverage Industry
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.
Two out of the three major indices are trading lower today with the
Dow Jones Industrial Average
(
^DJI
) trading down 41 points (-0.2%) at 18,075 as of Tuesday, March 24, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,371 issues advancing vs. 1,586 declining with 175 unchanged.
The Food & Beverage industry currently sits down 0.1% versus the S&P 500, which is down 0.2%.
TheStreet would like to highlight 3 stocks pushing the industry higher today:
3.
(
) is one of the companies pushing the Food & Beverage industry higher today. As of noon trading, Monster Beverage is up $1.83 (1.3%) to $139.77 on average volume. Thus far, 410,326 shares of Monster Beverage exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $138.86-$141.28 after having opened the day at $139.22 as compared to the previous trading day's close of $137.94.
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Monster Beverage Corporation, through its subsidiaries, develops, markets, sells, and distributes alternative beverage category beverages in the United States and internationally. It operates in two segments, Direct Store Delivery and Warehouse. Monster Beverage has a market cap of $23.4 billion and is part of the consumer goods sector. Shares are up 27.3% year-to-date as of the close of trading on Monday. Currently there are 6 analysts who rate Monster Beverage a buy, no analysts rate it a sell, and 7 rate it a hold.
TheStreet Ratings rates
Monster Beverage
as a
. 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. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full
Monster Beverage Ratings Report
now.
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2. As of noon trading,
(
) is up $2.44 (2.0%) to $124.96 on light volume. Thus far, 648,130 shares of Keurig Green Mountain exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $122.19-$126.00 after having opened the day at $122.36 as compared to the previous trading day's close of $122.52.
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Keurig Green Mountain, Inc. produces and sells specialty coffee, coffeemakers, teas, and other beverages in the United States and Canada. Keurig Green Mountain has a market cap of $19.9 billion and is part of the consumer goods sector. Shares are down 7.5% year-to-date as of the close of trading on Monday. Currently there are 7 analysts who rate Keurig Green Mountain a buy, 2 analysts rate it a sell, and 5 rate it a hold.
TheStreet Ratings rates
Keurig Green Mountain
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, reasonable valuation levels and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full
Keurig Green Mountain Ratings Report
now.
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1. As of noon trading,
(
) is up $0.84 (0.9%) to $96.70 on average volume. Thus far, 3.6 million shares of PepsiCo exchanged hands as compared to its average daily volume of 5.0 million shares. The stock has ranged in price between $96.28-$97.16 after having opened the day at $96.71 as compared to the previous trading day's close of $95.85.
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PepsiCo, Inc. operates as a food and beverage company worldwide. Its Frito-Lay North America segment offers Lay's potato chips, Doritos tortilla chips, Cheetos cheese-flavored snacks, Tostitos tortilla chips, branded dips, Ruffles potato chips, Fritos corn chips, and Santitas tortilla chips. PepsiCo has a market cap of $141.3 billion and is part of the consumer goods sector. Shares are up 1.4% year-to-date as of the close of trading on Monday. Currently there are 12 analysts who rate PepsiCo a buy, no analysts rate it a sell, and 2 rate it a hold.
TheStreet Ratings rates
PepsiCo
as a
. The company's strengths can be seen in multiple areas, such as its notable return on equity, good cash flow from operations, expanding profit margins and solid stock price performance. 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.
If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the food & beverage industry could consider
PowerShares Dynamic Food & Beverage
(
) while those bearish on the food & beverage industry could consider
PowerShares DB Agriculture Sht ETN
(
ADZ
).
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