3 Stocks Dragging The Consumer Goods Sector Downward
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
Dow Jones Industrial Average
(
^DJI
) trading down 24 points (-0.1%) at 16,982 as of Wednesday, Oct. 29, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,291 issues advancing vs. 1,724 declining with 155 unchanged.
The Consumer Goods sector currently sits down 0.5% versus the S&P 500, which is down 0.2%. On the negative front, top decliners within the sector include
(
), down 8.6%,
(
), down 2.9%,
TheStreet Recommends
(
), down 2.6%,
(
), down 1.9% and
(
), down 1.8%. Top gainers within the sector include
(
), up 3.7%,
(
), up 2.3% and
(
), up 2.3%.
TheStreet would like to highlight 3 stocks pushing the sector lower today:
3.
(
) is one of the companies pushing the Consumer Goods sector lower today. As of noon trading, Delphi Automotive is down $1.10 (-1.6%) to $67.76 on light volume. Thus far, 614,916 shares of Delphi Automotive exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $67.70-$69.21 after having opened the day at $69.20 as compared to the previous trading day's close of $68.86.
Delphi Automotive PLC, together with its subsidiaries, manufactures vehicle components; and provides electrical and electronic, powertrain, safety, and thermal technology solutions for the automotive and commercial vehicle markets worldwide. Delphi Automotive has a market cap of $19.8 billion and is part of the automotive industry. Shares are up 14.5% year-to-date as of the close of trading on Tuesday. Currently there are 10 analysts that rate Delphi Automotive a buy, no analysts rate it a sell, and 3 rate it a hold.
TheStreet Ratings rates
Delphi Automotive
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, increase in net income, revenue growth and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full
Delphi Automotive Ratings Report
now.
2. As of noon trading,
(
) is down $0.44 (-1.2%) to $34.85 on average volume. Thus far, 4.4 million shares of Mondelez International exchanged hands as compared to its average daily volume of 7.4 million shares. The stock has ranged in price between $34.68-$35.49 after having opened the day at $35.34 as compared to the previous trading day's close of $35.29.
Mondelez International, Inc., through its subsidiaries, manufactures and markets snack food and beverage products worldwide. Mondelez International has a market cap of $58.6 billion and is part of the food & beverage industry. Shares are down 0.0% year-to-date as of the close of trading on Tuesday. Currently there are 10 analysts that rate Mondelez International a buy, 1 analyst rates it a sell, and 4 rate it a hold.
TheStreet Ratings rates
Mondelez International
as a
. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full
Mondelez International Ratings Report
now.
1. As of noon trading,
(
) is down $0.58 (-0.6%) to $94.68 on light volume. Thus far, 1.2 million shares of PepsiCo exchanged hands as compared to its average daily volume of 4.8 million shares. The stock has ranged in price between $94.60-$95.50 after having opened the day at $95.30 as compared to the previous trading day's close of $95.26.
PepsiCo, Inc. operates as a food and beverage company worldwide. Its Frito-Lay North America segment offers Lay's and Ruffles potato chips, Doritos and Tostitos tortilla chips, Cheetos cheese flavored snacks, dips, Fritos corn chips, and Santitas tortilla chips. PepsiCo has a market cap of $141.6 billion and is part of the food & beverage industry. Shares are up 14.8% year-to-date as of the close of trading on Tuesday. Currently there are 12 analysts that rate PepsiCo a buy, no analysts rate it a sell, and 4 rate it a hold.
TheStreet Ratings rates
PepsiCo
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, increase in net income, revenue growth and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full
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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