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 Food & Beverage industry lower today making it today's featured Food & Beverage laggard. The industry as a whole was unchanged today. By the end of trading, Bunge fell $1.50 (-1.8%) to $79.88 on light volume. Throughout the day, 698,343 shares of Bunge exchanged hands as compared to its average daily volume of 980,800 shares. The stock ranged in price between $79.62-$81.75 after having opened the day at $81.55 as compared to the previous trading day's close of $81.38. Other companies within the Food & Beverage industry that declined today were:
), down 8.2%,
), down 5.7%,
), down 5.3% and
), down 4.6%.
- EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass
Bunge Limited, through its subsidiaries, is engaged in agriculture and food businesses worldwide. It operates through five segments: Agribusiness, Sugar and Bioenergy, Edible Oil Products, Milling Products, and Fertilizer. Bunge has a market cap of $11.9 billion and is part of the consumer goods sector. The company has a P/E ratio of 87.8, above the S&P 500 P/E ratio of 17.7. Shares are down 0.9% year to date as of the close of trading on Friday. Currently there are 6 analysts that rate Bunge a buy, no analysts rate it a sell, and 2 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, increase in stock price during the past year and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.
- You can view the full Bunge Ratings Report.
On the positive front,
), up 5.2%,
), up 5.0%,
), up 3.6% and
), up 3.4% , were all gainers within the food & beverage industry with
) being today's featured food & beverage industry leader.
- Use our food & beverage 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 food & beverage industry could consider
) while those bearish on the food & beverage industry could consider
PowerShares DB Agriculture Sht ETN
- Find other investment ideas from our top rated ETFs lists.