4 Stocks Pushing The Consumer Goods Sector Higher

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 10 points (-0.1%) at 13,082 as of Monday, Nov. 5, 2012, 1:34 PM ET. The NYSE advances/declines ratio sits at 1,351 issues advancing vs. 1,574 declining with 129 unchanged.

The Consumer Goods sector currently sits up 0.5% versus the S&P 500, which is down 0.1%. A company within the sector that increased today was Coca-Cola Hellenic Bottling Company S.A ( CCH), up 4.6%. A company within the sector that fell today was Panasonic Corporation ( PC), up 4.9%.

TheStreet Ratings group would like to highlight 4 stocks pushing the sector higher today:

4. Honda Motor ( HMC) is one of the companies pushing the Consumer Goods sector higher today. As of noon trading, Honda Motor is up $0.46 (1.5%) to $30.92 on light volume Thus far, 166,247 shares of Honda Motor exchanged hands as compared to its average daily volume of 404,900 shares. The stock has ranged in price between $30.82-$30.98 after having opened the day at $30.84 as compared to the previous trading day's close of $30.47.

Honda Motor Co., Ltd., together with its subsidiaries, engages in the development, manufacture, and distribution of motorcycles, automobiles, and power products worldwide. Honda Motor has a market cap of $54.7 billion and is part of the automotive industry. The company has a P/E ratio of 8.5, below the S&P 500 P/E ratio of 17.7. Shares are down 0.7% year to date as of the close of trading on Friday. Currently there is 1 analyst that rates Honda Motor a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Honda Motor as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income and increase in stock price during the past year. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Honda Motor Ratings Report now.

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