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 closed the day up 0.6%. By the end of trading, PepsiCo fell $1.57 (-1.8%) to $83.54 on heavy volume. Throughout the day, 7,917,744 shares of PepsiCo exchanged hands as compared to its average daily volume of 4,968,900 shares. The stock ranged in price between $83.43-$85.66 after having opened the day at $85.20 as compared to the previous trading day's close of $85.11. Other companies within the Food & Beverage industry that declined today were:
), down 3.6%,
), down 3.6%,
), down 3.3% and
), down 2.7%.
- 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
PepsiCo, Inc. operates as a food and beverage company worldwide. PepsiCo has a market cap of $131.5 billion and is part of the consumer goods sector. Shares are up 24.6% year to date as of the close of trading on Tuesday. Currently there are 10 analysts that rate PepsiCo a buy, no analysts rate it a sell, and 4 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, reasonable valuation levels, increase in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.
- You can view the full PepsiCo Ratings Report.
On the positive front,
), up 11.6%,
), up 7.4%,
), up 6.5% and
), up 6.4% , 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.