Mead Johnson Nutrition Company (MJN): Today's Featured Food & Beverage Laggard

Mead Johnson Nutrition Company was a leading decliner within the food & beverage industry, falling $1.41 (-1.9%) to $72.22 on heavy volume
By TheStreet Wire ,

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 or Stephanie Link.

Mead Johnson Nutrition Company

(

MJN

) pushed the Food & Beverage industry lower today making it today's featured Food & Beverage laggard. The industry as a whole closed the day up 0.4%. By the end of trading, Mead Johnson Nutrition Company fell $1.41 (-1.9%) to $72.22 on heavy volume. Throughout the day, 3,239,963 shares of Mead Johnson Nutrition Company exchanged hands as compared to its average daily volume of 1,899,900 shares. The stock ranged in price between $71.90-$74.00 after having opened the day at $73.84 as compared to the previous trading day's close of $73.63. Other companies within the Food & Beverage industry that declined today were:

Castle Brands Incorporated

(

ROX

), down 5.0%,

China Marine Food Group

(

CMFO

), down 4.0%,

American Lorain

(

ALN

), down 3.4% and

Limoneira

(

LMNR

), down 2.5%.

Mead Johnson Nutrition Company manufactures, distributes, and sells infant formulas, children's nutrition, and other nutritional products. Mead Johnson Nutrition Company has a market cap of $15.0 billion and is part of the consumer goods sector. Shares are up 11.7% year to date as of the close of trading on Tuesday. Currently there are 3 analysts that rate Mead Johnson Nutrition Company a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates

Mead Johnson Nutrition Company

as a

buy

. The company's strengths can be seen in multiple areas, such as its notable return on equity, expanding profit margins, good cash flow from operations, growth in earnings per share and revenue growth. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the positive front,

Leading Brands

(

LBIX

), up 12.7%,

Monster Beverage

(

MNST

), up 3.5%,

China New Borun Corporation

(

BORN

), up 3.3% and

Le Gaga Holdings

(

GAGA

), up 3.3% , were all gainers within the food & beverage industry with

PepsiCo

(

PEP

) being today's featured food & beverage industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the food & beverage industry could consider

PowerShares Dynamic Food & Beverage

(

PBJ

) while those bearish on the food & beverage industry could consider

PowerShares DB Agriculture Sht ETN

(

ADZ

).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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