3 Consumer Non-Durables Stocks Driving The Industry Higher
All three major indices are trading up today with the
Dow Jones Industrial Average
(
^DJI
) trading up 65 points (0.4%) at 17,698 as of Wednesday, March 30, 2016, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,906 issues advancing vs. 1,052 declining with 157 unchanged.
The Consumer Non-Durables industry currently sits up 0.3% versus the S&P 500, which is up 0.4%.
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, Kimberly-Clark is up $1.11 (0.8%) to $136.10 on light volume. Thus far, 443,498 shares of Kimberly-Clark exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $135.10-$136.32 after having opened the day at $135.50 as compared to the previous trading day's close of $134.99.
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Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care, consumer tissue, and professional products worldwide. Kimberly-Clark has a market cap of $48.4 billion and is part of the consumer goods sector. Shares are up 6.0% year-to-date as of the close of trading on Tuesday. Currently there are 3 analysts who rate Kimberly-Clark a buy, no analysts rate it a sell, and 7 rate it a hold.
TheStreet Ratings rates
Kimberly-Clark
as a
. The company's strengths can be seen in multiple areas, such as its increase in net income, expanding profit margins and good cash flow from operations. However, as a counter to these strengths, we find that revenues have generally been declining. Get the full
now.
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2. As of noon trading,
(
) is up $1.72 (2.1%) to $85.23 on light volume. Thus far, 1.1 million shares of Under Armour exchanged hands as compared to its average daily volume of 4.1 million shares. The stock has ranged in price between $83.85-$85.44 after having opened the day at $84.27 as compared to the previous trading day's close of $83.51.
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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 has a market cap of $17.9 billion and is part of the consumer goods sector. Shares are up 3.6% year-to-date as of the close of trading on Tuesday. Currently there are 15 analysts who rate Under Armour a buy, 1 analyst rates it a sell, and 8 rate it a hold.
TheStreet Ratings rates
Under Armour
as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, growth in earnings per share, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and increase in net income. We feel its strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full
now.
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1. As of noon trading,
(
) is up $0.54 (0.9%) to $62.03 on average volume. Thus far, 4.2 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 $61.77-$62.41 after having opened the day at $61.77 as compared to the previous trading day's close of $61.49.
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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 $104.5 billion and is part of the consumer goods sector. Shares are down 1.6% year-to-date as of the close of trading on Tuesday. Currently there are 20 analysts who rate Nike a buy, 1 analyst rates it a sell, and 4 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, solid stock price performance and impressive record of earnings per share growth. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. 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
(
).
