Coca-Cola Enterprises Inc (CCE): Today's Featured Food & Beverage Winner

Coca-Cola ( CCE) pushed the Food & Beverage industry higher today making it today's featured food & beverage winner. The industry as a whole closed the day up 0.4%. By the end of trading, Coca-Cola rose 17 cents (0.6%) to $29.51 on light volume. Throughout the day, 1.9 million shares of Coca-Cola exchanged hands as compared to its average daily volume of three million shares. The stock ranged in a price between $29.32-$29.77 after having opened the day at $29.49 as compared to the previous trading day's close of $29.34. Other companies within the Food & Beverage industry that increased today were: Reeds ( REED), up 17.1%, Le Gaga Holdings ( GAGA), up 12%, John B. Sanfilippo & Son ( JBSS), up 10.4%, and China New Borun Corporation ( BORN), up 9.2%.

Coca-Cola Enterprises, Inc. produces, distributes, and markets nonalcoholic beverages. It provides still and sparkling waters, juices, sports drinks, juice drinks, coffee-based beverages, and teas. Coca-Cola Enterprises, Inc. Coca-Cola has a market cap of $8.4 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 10.6% year to date as of the close of trading on Friday. Currently there are six analysts that rate Coca-Cola a buy, no analysts rate it a sell, and six rate it a hold.

TheStreet Ratings rates Coca-Cola as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, attractive valuation levels, good cash flow from operations, increase in stock price during the past year and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Tianli Agritech ( OINK), down 7.6%, Castle Brands Incorporated ( ROX), down 7.1%, Seneca Foods ( SENEB), down 5.6%, and Origin Agritech ( SEED), down 5.5%, were all laggards within the food & beverage industry with Tyson Foods ( TSN) being today's food & beverage industry laggard.

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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