3 Stocks Dragging The Consumer Goods Sector Downward
One out of the three major indices are trading up today with the
Dow Jones Industrial Average
(
^DJI
) trading up 28 points (0.2%) at 17,783 as of Friday, Oct. 30, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,543 issues advancing vs. 1,349 declining with 225 unchanged.
The Consumer Goods sector currently sits up 0.2% versus the S&P 500, which is unchanged. On the negative front, top decliners within the sector include
(
), down 11.5%,
(
), down 11.3%,
(
TheStreet Recommends
), down 1.8% and
(
), down 0.7%. Top gainers within the sector include
(
), up 4.5%,
(
), up 1.4% and
(
), up 1.2%.
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, Reynolds American is down $0.38 (-0.8%) to $48.55 on light volume. Thus far, 2.0 million shares of Reynolds American exchanged hands as compared to its average daily volume of 6.6 million shares. The stock has ranged in price between $48.42-$49.00 after having opened the day at $48.83 as compared to the previous trading day's close of $48.93.
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Reynolds American Inc., through its subsidiaries, manufactures and sells cigarettes and other tobacco products in the United States. It operates through RJR Tobacco, American Snuff, and Santa Fe segments. Reynolds American has a market cap of $69.1 billion and is part of the tobacco industry. Shares are up 52.3% year-to-date as of the close of trading on Thursday. Currently there are 4 analysts that rate Reynolds American a buy, 1 analyst rates it a sell, and 2 rate it a hold.
TheStreet Ratings rates
Reynolds American
as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, compelling growth in net income, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel its strengths outweigh the fact that the company shows weak operating cash flow. Get the full
Reynolds American Ratings Report
now.
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2. As of noon trading,
(
) is down $0.70 (-1.1%) to $60.83 on light volume. Thus far, 2.4 million shares of Altria Group exchanged hands as compared to its average daily volume of 6.9 million shares. The stock has ranged in price between $60.76-$61.30 after having opened the day at $61.20 as compared to the previous trading day's close of $61.53.
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Altria Group, Inc., through its subsidiaries, manufactures and sells cigarettes, smokeless products, and wine in the United States and internationally. Altria Group has a market cap of $119.7 billion and is part of the tobacco industry. Shares are up 24.9% year-to-date as of the close of trading on Thursday. Currently there are 5 analysts that rate Altria Group a buy, no analysts rate it a sell, and 1 rates it a hold.
TheStreet Ratings rates
Altria Group
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, impressive record of earnings per share growth, increase in net income and good cash flow from operations. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full
now.
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1. As of noon trading,
(
) is down $3.16 (-1.5%) to $208.47 on average volume. Thus far, 2.9 million shares of Tesla Motors exchanged hands as compared to its average daily volume of 4.7 million shares. The stock has ranged in price between $203.89-$211.63 after having opened the day at $210.40 as compared to the previous trading day's close of $211.63.
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.
Tesla Motors, Inc. designs, develops, manufactures, and sells electric vehicles, electric vehicle powertrain components, and stationary energy storage systems in the United States, China, Norway, and internationally. Tesla Motors has a market cap of $26.7 billion and is part of the automotive industry. Shares are down 4.8% year-to-date as of the close of trading on Thursday. Currently there are 5 analysts that rate Tesla Motors a buy, 5 analysts rate it a sell, and 5 rate it a hold.
TheStreet Ratings rates
Tesla Motors
as a
. Among the primary strengths of the company is its robust revenue growth -- not just in the most recent periods but in previous quarters as well. At the same time, however, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity. 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 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
(
).
