Ball Corporation (BLL): Today's Featured Consumer Non-Durables Laggard
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 lower today making it today's featured Consumer Non-Durables laggard. The industry as a whole closed the day down 0.1%. By the end of trading, Ball Corporation fell $0.55 (-1.2%) to $44.52 on light volume. Throughout the day, 604,355 shares of Ball Corporation exchanged hands as compared to its average daily volume of 979,400 shares. The stock ranged in price between $44.48-$45.16 after having opened the day at $45.06 as compared to the previous trading day's close of $45.07. Other companies within the Consumer Non-Durables industry that declined today were:
(
), down 12.1%,
(
), down 6.5%,
(
), down 5.7% and
(
), down 5.2%.
Ball Corporation, together with its subsidiaries, supplies metal packaging products to the beverage, food, personal care, and household products industries in the United States and internationally. Ball Corporation has a market cap of $6.6 billion and is part of the consumer goods sector. Shares are up 0.7% year to date as of the close of trading on Tuesday. Currently there are 2 analysts that rate Ball Corporation a buy, no analysts rate it a sell, and 8 rate it a hold.
TheStreet Ratings rates
Ball Corporation
as a
. The company's strengths can be seen in multiple areas, such as its 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.
- You can view the full Ball Corporation Ratings Report.
On the positive front,
(
), up 8.5%,
(
), up 5.3%,
(
), up 5.0% and
(
), up 4.4% , were all gainers within the consumer non-durables industry with
(
) being today's featured consumer non-durables industry leader.
- 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.
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