Skip to main content

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.

Leucadia National Corporation



) pushed the Food & Beverage industry lower today making it today's featured Food & Beverage laggard. The industry as a whole closed the day down 0.2%. By the end of trading, Leucadia National Corporation fell $0.50 (-1.8%) to $27.41 on average volume. Throughout the day, 886,181 shares of Leucadia National Corporation exchanged hands as compared to its average daily volume of 1,074,900 shares. The stock ranged in price between $27.36-$27.82 after having opened the day at $27.82 as compared to the previous trading day's close of $27.91. Other companies within the Food & Beverage industry that declined today were:

Crumbs Bake Shop



), down 7.8%,

Coca-Cola HBC AG ADR



), down 3.9%,

Craft Brew Alliance



TheStreet Recommends

), down 3.9% and

Coffee Holding Company



), down 3.8%.

Leucadia National Corporation, through its subsidiary, Jefferies Group LLC, primarily operates in the investment banking sector. Leucadia National Corporation has a market cap of $10.0 billion and is part of the consumer goods sector. The company has a P/E ratio of 9.6, below the S&P 500 P/E ratio of 17.7. Shares are up 17.3% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates

Leucadia National Corporation

as a


. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front,

Castle Brands Incorporated



), up 6.5%,

American Lorain



), up 3.9%,

Agria Corporation



), up 3.7% and

Tianli Agritech



), up 3.6% , were all gainers within the food & beverage industry with

ConAgra Foods



) being today's featured food & beverage industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the food & beverage industry could consider

PowerShares Dynamic Food & Beverage



) while those bearish on the food & beverage industry could consider

PowerShares DB Agriculture Sht ETN




STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.