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.
All three major indices are trading down today with the
(
) trading down 4 points (0.0%) at 16,511 as of Wednesday, April 23, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,718 issues advancing vs. 1,280 declining with 133 unchanged.
The Consumer Goods sector currently sits down 0.2% versus the S&P 500, which is down 0.1%. Top gainers within the sector include
(
), up 1.1%,
(
), up 0.9%,
(
), up 0.8% and
(
), up 0.5%. On the negative front, top decliners within the sector include
(
), down 4.0%, and
(
), down 1.2%.
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, Honda Motor is up $0.28 (0.8%) to $33.93 on light volume. Thus far, 258,697 shares of Honda Motor exchanged hands as compared to its average daily volume of 797,600 shares. The stock has ranged in price between $33.83-$33.98 after having opened the day at $33.90 as compared to the previous trading day's close of $33.65.
Honda Motor Co., Ltd. engages in the manufacture and sale of motorcycles, automobiles, and power products. It operates through four segments: Motorcycle Business, Automobile Business, Financial Services Business, and Power Product and Other Businesses. Honda Motor has a market cap of $60.9 billion and is part of the automotive industry. Shares are down 18.6% year-to-date as of the close of trading on Tuesday. Currently there are 2 analysts who rate Honda Motor a buy, no analysts rate it a sell, and none rate it a hold.
TheStreet Ratings rates
Honda Motor
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, weak operating cash flow and poor profit margins. Get the full
now.
2. As of noon trading,
(
) is up $2.64 (5.0%) to $55.03 on heavy volume. Thus far, 2.2 million shares of Dr Pepper Snapple Group exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $53.83-$55.34 after having opened the day at $54.80 as compared to the previous trading day's close of $52.39.
Dr Pepper Snapple Group, Inc. operates as a brand owner, manufacturer, and distributor of non-alcoholic beverages in the United States, Canada, Mexico, and the Caribbean. The company operates in three segments: Beverage Concentrates, Packaged Beverages, and Latin America Beverages. Dr Pepper Snapple Group has a market cap of $10.4 billion and is part of the food & beverage industry. Shares are up 7.5% year-to-date as of the close of trading on Tuesday. Currently there is 1 analyst who rates Dr Pepper Snapple Group a buy, 2 analysts rate it a sell, and 8 rate it a hold.
TheStreet Ratings rates
Dr Pepper Snapple Group
as a
. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, good cash flow from operations, expanding profit margins, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full
Dr Pepper Snapple Group Ratings Report
now.
1. As of noon trading,
(
) is up $0.50 (4.3%) to $12.08 on heavy volume. Thus far, 11.7 million shares of Xerox Corporation exchanged hands as compared to its average daily volume of 12.8 million shares. The stock has ranged in price between $11.54-$12.27 after having opened the day at $11.59 as compared to the previous trading day's close of $11.59.
Xerox Corporation provides business process and document management solutions worldwide. Xerox Corporation has a market cap of $13.4 billion and is part of the computer software & services industry. Shares are down 4.8% year-to-date as of the close of trading on Tuesday. Currently there are 3 analysts who rate Xerox Corporation a buy, 1 analyst rates it a sell, and 1 rates it a hold.
TheStreet Ratings rates
Xerox Corporation
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full
Xerox Corporation Ratings Report
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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