Rock-Tenn Company (RKT): Today's Featured Consumer Non-Durables Winner
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.
(
) pushed the Consumer Non-Durables industry higher today making it today's featured consumer non-durables winner. The industry as a whole closed the day up 0.1%. By the end of trading, Rock-Tenn Company rose $7.89 (7.4%) to $114.27 on heavy volume. Throughout the day, 1,680,572 shares of Rock-Tenn Company exchanged hands as compared to its average daily volume of 653,300 shares. The stock ranged in a price between $111.40-$114.56 after having opened the day at $111.64 as compared to the previous trading day's close of $106.38. Other companies within the Consumer Non-Durables industry that increased today were:
(
), up 22.4%,
(
), up 14.0%,
(
), up 7.9% and
(
), up 7.0%.
Rock-Tenn Company manufactures and sells corrugated and consumer packaging products in the United States, Canada, Mexico, Chile, Argentina, Puerto Rico, and China. Rock-Tenn Company has a market cap of $7.8 billion and is part of the consumer goods sector. Shares are up 52.2% year to date as of the close of trading on Tuesday. Currently there are 8 analysts that rate Rock-Tenn Company a buy, 1 analyst rates it a sell, and 2 rate it a hold.
TheStreet Ratings rates
Rock-Tenn Company
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
- You can view the full Rock-Tenn Company Ratings Report.
On the negative front,
(
), down 6.1%,
(
), down 5.1%,
(
), down 4.5% and
(
), down 3.5% , were all laggards within the consumer non-durables industry with
(
) being today's consumer non-durables industry laggard.
- Use our consumer non-durables section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, 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
(
).
- Find other investment ideas from our top rated ETFs lists.
null