3 Stocks Raising The Consumer Goods Sector Higher
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 up today with the
Dow Jones Industrial Average
(
^DJI
) trading up 171 points (1.0%) at 18,028 as of Monday, March 9, 2015, 1:50 PM ET. The NYSE advances/declines ratio sits at 1,589 issues advancing vs. 1,440 declining with 142 unchanged.
The Consumer Goods sector currently sits up 0.1% versus the S&P 500, which is up 0.5%. A company within the sector that fell today was
(
), up 1.3%.
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, Ford Motor is up $0.14 (0.9%) to $16.07 on light volume. Thus far, 8.9 million shares of Ford Motor exchanged hands as compared to its average daily volume of 27.8 million shares. The stock has ranged in price between $15.93-$16.10 after having opened the day at $15.98 as compared to the previous trading day's close of $15.93.
Ford Motor Company manufactures and distributes automobiles worldwide. The company operates through two sectors, Automotive and Financial Services. The Automotive sector develops, manufactures, distributes, and services vehicles, parts, and accessories. Ford Motor has a market cap of $62.6 billion and is part of the automotive industry. Shares are up 2.8% year-to-date as of the close of trading on Friday. Currently there are 6 analysts who rate Ford Motor a buy, 1 analyst rates it a sell, and 8 rate it a hold.
TheStreet Ratings rates
Ford Motor
as a
. Among the primary strengths of the company is its generally strong cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full
now.
2. As of noon trading,
(
) is up $0.98 (2.7%) to $37.52 on heavy volume. Thus far, 14.8 million shares of General Motors exchanged hands as compared to its average daily volume of 15.3 million shares. The stock has ranged in price between $37.32-$37.81 after having opened the day at $37.55 as compared to the previous trading day's close of $36.54.
General Motors Company designs, builds, and sells cars, crossovers, trucks, and automobile parts worldwide. It operates through GM North America, GM Europe, GM International Operations, GM South America, and GM Financial segments. General Motors has a market cap of $60.6 billion and is part of the automotive industry. Shares are up 5.5% year-to-date as of the close of trading on Friday. Currently there are 9 analysts who rate General Motors a buy, no analysts rate it a sell, and 4 rate it a hold.
TheStreet Ratings rates
General Motors
as a
. The company's strengths can be seen in multiple areas, such as its increase in net income, good cash flow from operations and growth in earnings per share. 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.
1. As of noon trading,
(
) is up $1.61 (1.3%) to $128.21 on average volume. Thus far, 33.5 million shares of Apple exchanged hands as compared to its average daily volume of 57.0 million shares. The stock has ranged in price between $127.08-$128.27 after having opened the day at $127.96 as compared to the previous trading day's close of $126.60.
Apple Inc. designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players worldwide. The company also sells related software, services, accessories, networking solutions, and third-party digital content and applications. Apple has a market cap of $736.3 billion and is part of the consumer durables industry. Shares are up 14.7% year-to-date as of the close of trading on Friday. Currently there are 23 analysts who rate Apple a buy, no analysts rate it a sell, and 6 rate it a hold.
TheStreet Ratings rates
Apple
as a
. 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 notable return on equity. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full
now.
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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