3 Stocks Raising The Consumer Non-Durables Industry Higher
All three major indices are trading up today with the
Dow Jones Industrial Average
(
^DJI
) trading up 123 points (0.7%) at 18,349 as of Tuesday, July 12, 2016, 12:55 PM ET. The NYSE advances/declines ratio sits at 2,303 issues advancing vs. 681 declining with 114 unchanged.
The Consumer Non-Durables industry currently sits up 1.6% versus the S&P 500, which is up 0.8%.
TheStreet would like to highlight 3 stocks pushing the industry higher today:
3.
(
) is one of the companies pushing the Consumer Non-Durables industry higher today. As of noon trading, Ecolab is up $1.80 (1.5%) to $120.90 on average volume. Thus far, 487,267 shares of Ecolab exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $119.58-$121.16 after having opened the day at $119.75 as compared to the previous trading day's close of $119.10.
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Ecolab Inc. provides water, hygiene, and energy technologies and services for customers worldwide. The company operates in three segments: Global Industrial, Global Institutional, and Global Energy. Ecolab has a market cap of $35.0 billion and is part of the consumer goods sector. Shares are up 4.1% year-to-date as of the close of trading on Monday. Currently there are 8 analysts who rate Ecolab a buy, 1 analyst rates it a sell, and 6 rate it a hold.
TheStreet Ratings rates
Ecolab
as a
. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, expanding profit margins 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
now.
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2. As of noon trading,
(
) is up $1.72 (4.3%) to $42.02 on average volume. Thus far, 3.5 million shares of Under Armour Inc A exchanged hands as compared to its average daily volume of 6.8 million shares. The stock has ranged in price between $40.56-$42.04 after having opened the day at $40.56 as compared to the previous trading day's close of $40.30.
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Under Armour, Inc. together with its subsidiaries, develops, markets, and distributes branded performance apparel, footwear, and accessories for men, women, and youth primarily in North America, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America. Under Armour Inc A has a market cap of $17.7 billion and is part of the consumer goods sector. Shares are down 0.0% year-to-date as of the close of trading on Monday. Currently there are 16 analysts who rate Under Armour Inc A a buy, 1 analyst rates it a sell, and 10 rate it a hold.
TheStreet Ratings rates
Under Armour Inc A
as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, growth in earnings per share and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and disappointing return on equity. Get the full
Under Armour Inc A Ratings Report
now.
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1. As of noon trading,
(
) is up $1.22 (2.1%) to $58.05 on average volume. Thus far, 6.4 million shares of Nike exchanged hands as compared to its average daily volume of 10.7 million shares. The stock has ranged in price between $57.07-$58.20 after having opened the day at $57.09 as compared to the previous trading day's close of $56.83.
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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 $95.6 billion and is part of the consumer goods sector. Shares are down 9.1% year-to-date as of the close of trading on Monday. Currently there are 18 analysts who rate Nike a buy, 1 analyst rates it a sell, and 7 rate it a hold.
TheStreet Ratings rates
Nike
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, notable return on equity, expanding profit margins and increase in stock price during the past year. 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.
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 non-durables industry could consider
Consumer Staples Select Sector SPDR
(
) while those bearish on the consumer non-durables industry could consider
ProShares Ultra Sht Consumer Goods
(
).