3 Stocks Pushing The Consumer Goods Sector Downward

TheStreet highlights 3 stocks pushing the consumer goods sector lower today.
By TheStreet Wire ,

All three major indices are trading up today with the

Dow Jones Industrial Average

(

^DJI

) trading up 87 points (0.5%) at 17,750 as of Monday, Nov. 2, 2015, 11:55 AM ET. The NYSE advances/declines ratio sits at 2,154 issues advancing vs. 798 declining with 159 unchanged.

The Consumer Goods sector currently sits up 0.4% versus the S&P 500, which is up 0.7%. On the negative front, top decliners within the sector include

Reynolds American

(

RAI

), down 0.9%, and

Altria Group

(

MO

), down 0.5%. Top gainers within the sector include

Estee Lauder Companies

(

EL

), up 8.1%,

Tesla Motors

(

TSLA

), up 3.0%,

Sony

(

SNE

), up 1.7%,

Colgate-Palmolive

(

CL

), up 1.2% and

General Motors

(

GM

), up 1.1%.

TheStreet would like to highlight 3 stocks pushing the sector lower today:

3.

Ecolab

(

ECL

) is one of the companies pushing the Consumer Goods sector lower today. As of noon trading, Ecolab is down $5.44 (-4.5%) to $114.91 on heavy volume. Thus far, 1.2 million shares of Ecolab exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $114.38-$116.50 after having opened the day at $116.18 as compared to the previous trading day's close of $120.35.

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Ecolab Inc. provides water, hygiene, and energy technologies and services for customers worldwide. The company operates in four segments: Global Industrial, Global Institutional, Global Energy, and Other. Ecolab has a market cap of $35.4 billion and is part of the consumer non-durables industry. Shares are up 15.2% year-to-date as of the close of trading on Friday. Currently there are 9 analysts that rate Ecolab a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates

Ecolab

as a

buy

. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, expanding profit margins, notable return on equity and solid stock price performance. 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

Ecolab Ratings Report

now.

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2. As of noon trading,

PepsiCo

(

PEP

) is down $0.54 (-0.5%) to $101.65 on light volume. Thus far, 1.3 million shares of PepsiCo exchanged hands as compared to its average daily volume of 5.1 million shares. The stock has ranged in price between $101.40-$102.58 after having opened the day at $102.58 as compared to the previous trading day's close of $102.19.

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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 $149.8 billion and is part of the food & beverage industry. Shares are up 8.1% year-to-date as of the close of trading on Friday. Currently there are 14 analysts that rate PepsiCo a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates

PepsiCo

as a

buy

. The company's strengths can be seen in multiple areas, such as its notable return on equity, expanding profit margins and solid stock price performance. We feel its strengths outweigh the fact that the company has had sub par growth in net income. Get the full

PepsiCo Ratings Report

now.

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1. As of noon trading,

Coca-Cola

(

KO

) is down $0.25 (-0.6%) to $42.10 on average volume. Thus far, 6.3 million shares of Coca-Cola exchanged hands as compared to its average daily volume of 16.3 million shares. The stock has ranged in price between $41.90-$42.36 after having opened the day at $42.28 as compared to the previous trading day's close of $42.35.

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The Coca-Cola Company, a beverage company, manufactures and distributes various nonalcoholic beverages worldwide. The company primarily offers sparkling beverages and still beverages. Coca-Cola has a market cap of $186.1 billion and is part of the food & beverage industry. Shares are up 0.3% year-to-date as of the close of trading on Friday. Currently there are 8 analysts that rate Coca-Cola a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates

Coca-Cola

as a

buy

. The company's strengths can be seen in multiple areas, such as its notable return on equity, increase in stock price during the past year, expanding profit margins and reasonable valuation levels. 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

Coca-Cola Ratings Report

now.

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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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