3 Stocks Pushing The Consumer Goods Sector Lower

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

All three major indices are trading down today with the

Dow Jones Industrial Average

(

^DJI

) trading down 44 points (-0.2%) at 17,874 as of Wednesday, Nov. 4, 2015, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,080 issues advancing vs. 1,836 declining with 168 unchanged.

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

Avon Products

(

AVP

), down 16.5%,

Keurig Green Mountain

(

GMCR

), down 5.4%,

BRF

(

BRFS

), down 4.2%,

Honda Motor

(

HMC

), down 3.4% and

Sony

(

SNE

), down 1.8%.

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

3.

Colgate-Palmolive

(

CL

) is one of the companies pushing the Consumer Goods sector lower today. As of noon trading, Colgate-Palmolive is down $0.94 (-1.4%) to $67.06 on light volume. Thus far, 1.2 million shares of Colgate-Palmolive exchanged hands as compared to its average daily volume of 3.9 million shares. The stock has ranged in price between $67.05-$68.05 after having opened the day at $67.93 as compared to the previous trading day's close of $68.00.

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Colgate-Palmolive Company, together with its subsidiaries, manufactures and markets consumer products worldwide. It operates in two segments: Oral, Personal and Home Care; and Pet Nutrition. Colgate-Palmolive has a market cap of $60.5 billion and is part of the consumer non-durables industry. Shares are down 1.7% year-to-date as of the close of trading on Tuesday. Currently there are 2 analysts that rate Colgate-Palmolive a buy, no analysts rate it a sell, and 15 rate it a hold.

TheStreet Ratings rates

Colgate-Palmolive

as a

hold

. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, notable return on equity and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and weak operating cash flow. Get the full

Colgate-Palmolive Ratings Report

now.

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2. As of noon trading,

Nike

(

NKE

) is down $0.72 (-0.6%) to $130.68 on light volume. Thus far, 1.1 million shares of Nike exchanged hands as compared to its average daily volume of 4.5 million shares. The stock has ranged in price between $129.88-$131.87 after having opened the day at $131.78 as compared to the previous trading day's close of $131.40.

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NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories for men, women, and kids worldwide. Nike has a market cap of $88.5 billion and is part of the consumer non-durables industry. Shares are up 36.7% year-to-date as of the close of trading on Tuesday. Currently there are 20 analysts that rate Nike a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates

Nike

as a

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel its strengths outweigh the fact that the company shows weak operating cash flow. Get the full

Nike Ratings Report

now.

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1. As of noon trading,

Procter & Gamble

(

PG

) is down $0.47 (-0.6%) to $76.58 on light volume. Thus far, 2.5 million shares of Procter & Gamble exchanged hands as compared to its average daily volume of 10.4 million shares. The stock has ranged in price between $76.56-$77.09 after having opened the day at $77.03 as compared to the previous trading day's close of $77.05.

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The Procter & Gamble Company, together with its subsidiaries, manufactures and sells branded consumer packaged products worldwide. It operates through five segments: Beauty, Hair and Personal Care; Grooming; Health Care; Fabric Care and Home Care; and Baby, Feminine and Family Care. Procter & Gamble has a market cap of $208.4 billion and is part of the consumer non-durables industry. Shares are down 15.4% year-to-date as of the close of trading on Tuesday. Currently there are 7 analysts that rate Procter & Gamble a buy, 1 analyst rates it a sell, and 13 rate it a hold.

TheStreet Ratings rates

Procter & Gamble

as a

hold

. The company's strengths can be seen in multiple areas, such as its increase in net income, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and weak operating cash flow. Get the full

Procter & Gamble 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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