The food & beverage industry closed the day up 1.5%. Origin Agritech ( SEED), Pilgrims Pride ( PPC), Glg Life Tech ( GLGL), and Agria Corporation ( GRO) were all winners today within the food & beverage industry with Coca-Cola ( KO) being today's featured food & beverage winner. Coca-Cola rose 45 cents (0.7%) to $67.85 on light volume. Throughout the day, 6.3 million shares of Coca-Cola exchanged hands as compared to its average daily volume of 12.3 million shares. The Coca-Cola Company manufactures, distributes, and markets nonalcoholic beverages worldwide. It principally offers sparkling and still beverages. Coca-Cola has a market cap of $154.9 billion and is part of the consumer goods sector. The company has a P/E ratio of 12.6, 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 2.5% year to date as of the close of trading on Thursday. TheStreet Ratings rates The Coca-Cola as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, notable return on equity, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.
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