Corn Products International

(

CPO

) pushed the Consumer Goods sector higher today making it today's featured consumer goods winner. The sector as a whole closed the day down 1.7%. By the end of trading, Corn Products International rose 69 cents (1.4%) to $49.47 on average volume. Throughout the day, 665,619 shares of Corn Products International exchanged hands as compared to its average daily volume of 659,800 shares. The stock ranged in a price between $48.89-$49.61 after having opened the day at $49.01 as compared to the previous trading day's close of $48.78. Other companies within the Consumer Goods sector that increased today were:

Reddy Ice Holdings

(

FRZ

), up 18.8%,

Reeds

(

REED

), up 8%,

Mad Catz Interactive

(

MCZ

), up 6.8%, and

Stanley Furniture Company

(

STLY

), up 6.2%.

Corn Products International, Inc., together with its subsidiaries, manufactures and sells various ingredients to food and industrial customers in North America, South America, Asia, Africa, and Europe. Corn Products International has a market cap of $3.69 billion and is part of the

food & beverage

industry. The company has a P/E ratio of 10.2, equal to the average food & beverage industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 6% year to date as of the close of trading on Friday. Currently there are seven analysts that rate Corn Products International a buy, no analysts rate it a sell, and two rate it a hold.

TheStreet Ratings rates Corn Products International as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, notable return on equity and attractive valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins.

On the negative front,

AgFeed Industries

(

FEED

), down 25.1%,

Jakks Pacific Incorporated

(

JAKK

), down 20.2%,

Eastman Kodak Company

(

EK

), down 19.9%, and

Enova Systems

(

ENA

), down 13.5%, were all losers within the consumer goods sector with

BRF - Brasil Foods

(

BRFS

) being today's consumer goods sector loser.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer goods sector could consider

iShares Dow Jones US Cons Goods

(

IYK

) while those bearish on the consumer goods sector could consider

ProShares Ultra Sht Consumer Goods

(

SZK

).

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