3 Stocks Raising The Consumer Goods Sector Higher

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

All three major indices are trading down today with the

Dow Jones Industrial Average

(

^DJI

) trading down 24 points (-0.1%) at 18,483 as of Friday, July 15, 2016, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,378 issues advancing vs. 1,527 declining with 156 unchanged.

The Consumer Goods sector currently sits up 0.2% versus the S&P 500, which is down 0.3%. Top gainers within the sector include

Herbalife

(

HLF

), up 13.0%, and

International Paper

(

IP

), up 3.0%.

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

3.

Packaging Corp of America

(

PKG

) is one of the companies pushing the Consumer Goods sector higher today. As of noon trading, Packaging Corp of America is up $2.11 (2.9%) to $73.94 on heavy volume. Thus far, 909,453 shares of Packaging Corp of America exchanged hands as compared to its average daily volume of 939,700 shares. The stock has ranged in price between $72.33-$75.08 after having opened the day at $72.65 as compared to the previous trading day's close of $71.83.

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Packaging Corporation of America manufactures and sells containerboard and corrugated packaging products in the United States, Europe, Mexico, and Canada. It operates through Packaging, Paper, and Corporate and Other segments. Packaging Corp of America has a market cap of $6.7 billion and is part of the consumer non-durables industry. Shares are up 13.9% year-to-date as of the close of trading on Thursday. Currently there are 9 analysts who rate Packaging Corp of America a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates

Packaging Corp of America

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, increase in net income, good cash flow from operations and notable return on equity. We feel its strengths outweigh the fact that the company shows low profit margins. Get the full

Packaging Corp of America Ratings Report

now.

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2. As of noon trading,

WestRock

(

WRK

) is up $2.28 (5.7%) to $42.49 on heavy volume. Thus far, 2.1 million shares of WestRock exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $41.15-$43.18 after having opened the day at $42.23 as compared to the previous trading day's close of $40.21.

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WestRock Company manufactures and sells paper and packaging solutions for the consumer and corrugated markets in North America, South America, Europe, and Asia. The company operates through Corrugated Packaging, Consumer Packaging, and Land and Development segments. WestRock has a market cap of $10.0 billion and is part of the consumer non-durables industry. Shares are down 11.9% year-to-date as of the close of trading on Thursday. Currently there are 4 analysts who rate WestRock a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates

WestRock

as a

hold

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. Get the full

WestRock Ratings Report

now.

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1. As of noon trading,

Hershey

(

HSY

) is up $1.64 (1.5%) to $109.73 on light volume. Thus far, 690,842 shares of Hershey exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $107.83-$109.91 after having opened the day at $108.32 as compared to the previous trading day's close of $108.09.

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The Hershey Company manufactures, imports, markets, distributes, and sells confectionery products. The company operates through two segments, North America, and International and Other. Hershey has a market cap of $23.1 billion and is part of the food & beverage industry. Shares are up 21.1% year-to-date as of the close of trading on Thursday. Currently there is 1 analyst who rates Hershey a buy, 1 analyst rates it a sell, and 9 rate it a hold.

TheStreet Ratings rates

Hershey

as a

buy

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

Hershey Ratings Report

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 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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