Coca-Cola Enterprises Inc (CCE): Today's Featured Consumer Goods Winner

Coca-Cola Enterprises Inc ( CCE) pushed the Consumer Goods sector higher today making it today's featured consumer goods winner. The sector as a whole closed the day down 1.7%. By the end of trading, Coca-Cola Enterprises Inc rose 27 cents (1%) to $26.83 on average volume. Throughout the day, 5.6 million shares of Coca-Cola Enterprises Inc exchanged hands as compared to its average daily volume of 3.9 million shares. The stock ranged in a price between $26.12-$27.38 after having opened the day at $26.15 as compared to the previous trading day's close of $26.56. Other companies within the Consumer Goods sector that increased today were: Agria Corporation ( GRO), up 20.4%, Exceed Company ( EDS), up 12.2%, Ocean Bio-Chem Inc ( OBCI), up 9.2%, and B&G Foods Inc ( BGS), up 8.3%.

Coca-Cola Enterprises Inc. engages in the production, distribution, and marketing of non-alcoholic beverages of The Coca-Cola Company in western Europe. Coca-Cola Enterprises Inc has a market cap of $8 billion and is part of the food & beverage industry. The company has a P/E ratio of 12.7, below the average food & beverage industry P/E ratio of 12.9 and below the S&P 500 P/E ratio of 17.7. Shares are up 3.8% year to date as of the close of trading on Friday.

TheStreet Ratings rates Coca-Cola Enterprises as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and attractive valuation levels. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the negative front, Industrie Natuzzi ( NTZ), down 11.9%, Eastman Kodak Company ( EK), down 9.8%, Kandi Technologies Corporation ( KNDI), down 9.3%, and Revlon Inc ( REV), down 9%, were all losers within the consumer goods sector with Sony Corporation ( SNE) being today's consumer goods sector loser.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer goods sector could consider iShares Dow Jones US Cons Goods ( IYK) while those bearish on the consumer goods sector could consider ProShares Ultra Sht Consumer Goods ( SZK).

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