The Coca-Cola Co (KO): Today's Featured Food & Beverage Winner

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.

On the negative front, Le Gaga Holdings ( GAGA), Leading Brands Inc ( LBIX), Synutra International Inc ( SYUT), and Bridgford Foods Corporation ( BRID) were all losers within the food & beverage industry with SunOpta Inc ( STKL) being today's food & beverage industry Loser 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).

null

More from Markets

Comcast Considering All-Cash Bid for Fox as Disney Battle Heads to the Wire

Comcast Considering All-Cash Bid for Fox as Disney Battle Heads to the Wire

Target's Stock Tanks After Q1 Earnings Miss and Slowing Sales

Target's Stock Tanks After Q1 Earnings Miss and Slowing Sales

Stocks Trade Lower as Optimism Wanes Over China Trade Talks

Stocks Trade Lower as Optimism Wanes Over China Trade Talks

Global Rally Stalls as Trump Doubts North Korea Summit, Questions China Trade

Global Rally Stalls as Trump Doubts North Korea Summit, Questions China Trade

Trump, China Trade, Target and Las Vegas Casinos - 5 Things You Must Know

Trump, China Trade, Target and Las Vegas Casinos - 5 Things You Must Know