Mead Johnson Nutrition Company

(

MJN

) pushed the Food & Beverage industry lower today making it today's featured Food & Beverage laggard. The industry as a whole closed the day up 1%. By the end of trading, Mead Johnson Nutrition Company fell $2.29 (-3.1%) to $70.69 on heavy volume. Throughout the day, 6.2 million shares of Mead Johnson Nutrition Company exchanged hands as compared to its average daily volume of 2.1 million shares. The stock ranged in price between $68.09-$74.83 after having opened the day at $72.76 as compared to the previous trading day's close of $72.98. Other company's within the Food & Beverage industry that declined today were:

Le Gaga Holdings

(

GAGA

), down 7.4%,

Jones Soda Company

(

JSDA

), down 7.3%,

SkyPeople Fruit Juice

(

SPU

), down 4.8%, and

Primo Water

(

PRMW

), down 4.3%.

  • ACTIVE STOCK TRADERS: Check out TheStreet's special offer for Real Money, headlined by Jim Cramer, now!

Mead Johnson Nutrition Company manufactures, distributes, and sells infant formulas, children's nutrition, and other nutritional products. Mead Johnson Nutrition Company has a market cap of $14.91 billion and is part of the

consumer goods

sector. The company has a P/E ratio of 28.4, below the average food & beverage industry P/E ratio of 28.7 and above the S&P 500 P/E ratio of 17.7. Shares are up 6.2% year to date as of the close of trading on Wednesday. Currently there are six analysts that rate Mead Johnson Nutrition Company a buy, no analysts rate it a sell, and six rate it a hold.

TheStreet Ratings rates Mead Johnson Nutrition Company as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share, increase in net income and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front,

Origin Agritech

(

SEED

), up 7.3%,

China Marine Food Group

(

CMFO

), up 7.1%,

Unilever

(

UN

), up 6.8%, and

Unilever

(

UL

), up 6.3%, were all gainers within the food & beverage industry with

Kraft Foods

(

KFT

) 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

(

PBJ

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

PowerShares DB Agriculture Sht ETN

(

ADZ

).

null