The

food & beverage

industry closed the day down 2.5%.

Reddy Ice Holdings Inc

(

FRZ

),

Coffee Holding Company Inc

(

JVA

),

Tianli Agritech Inc

(

OINK

), and

China New Borun Corporation

(

BORN

) were all decliners today within the food & beverage industry with

Mead Johnson Nutrition Company

(

MJN

) being today's featured food & beverage loser. Mead Johnson Nutrition Company fell $2.60 (-3.5%) to $72.04 on average volume. Throughout the day, 1.6 million shares of Mead Johnson Nutrition Company exchanged hands as compared to its average daily volume of 1.7 million shares.

Mead Johnson Nutrition Company manufactures, distributes, and sells infant formulas, children's nutritional products, and other nutritional products in Asia, Europe, Latin America, and North America. Mead Johnson Nutrition Company has a market cap of $15.3 billion and is part of the

consumer goods

sector. The company has a P/E ratio of 32, equal to the average food & beverage industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 20.9% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates Mead Johnson Nutrition as a

sell

. The area that we feel has been the company's primary weakness has been its unimpressive growth in net income.

On the positive front,

TheStreet Recommends

Feihe International Inc

(

ADY

),

57th Street General Acquisition

(

CRMB

),

Le Gaga Holdings

(

GAGA

), and

Sanderson Farms Inc

(

SAFM

) were all gainers within the food & beverage industry with

China Marine Food Group

(

CMFO

) being today's food & beverage industry Leader Spotlight stock.

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

).

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