3 Stocks Pushing The Consumer Non-Durables Industry 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

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 0 points (0.0%) at 12,985 as of Thursday, Nov. 29, 2012, 11:50 AM ET. The NYSE advances/declines ratio sits at 1,816 issues advancing vs. 1,058 declining with 142 unchanged.

The Consumer Non-Durables industry currently sits up 0.8% versus the S&P 500, which is up 0.0%. A company within the industry that increased today was Wacoal Holdings Corporatiom ( WACLY), up 5.2%. A company within the industry that fell today was Under Armour ( UA), up 2.1%.

TheStreet Ratings group would like to highlight 3 stocks pushing the industry higher today:

3. Gildan Activewear Inc. Class A ( GIL) is one of the companies pushing the Consumer Non-Durables industry higher today. As of noon trading, Gildan Activewear Inc. Class A is up $0.99 (3.0%) to $34.35 on heavy volume Thus far, 813,224 shares of Gildan Activewear Inc. Class A exchanged hands as compared to its average daily volume of 298,800 shares. The stock has ranged in price between $33.95-$35.05 after having opened the day at $34.80 as compared to the previous trading day's close of $33.36.

Gildan Activewear Inc. engages in the manufacture and sale of apparel products primarily in the United States, Canada, and Europe. It sells T-shirts, fleece, and sport shirts to wholesale distributors under the Gildan brand name. Gildan Activewear Inc. Class A has a market cap of $4.1 billion and is part of the consumer goods sector. The company has a P/E ratio of 35.8, above the S&P 500 P/E ratio of 17.7. Shares are up 77.4% year to date as of the close of trading on Wednesday. Currently there are 11 analysts that rate Gildan Activewear Inc. Class A a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Gildan Activewear Inc. Class A as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Gildan Activewear Inc. Class A Ratings Report now.

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2. As of noon trading, Energizer Holdings ( ENR) is up $1.06 (1.4%) to $79.41 on light volume Thus far, 144,049 shares of Energizer Holdings exchanged hands as compared to its average daily volume of 654,800 shares. The stock has ranged in price between $78.04-$79.68 after having opened the day at $78.87 as compared to the previous trading day's close of $78.35.

Energizer Holdings, Inc. engages in the manufacture and sale of primary batteries, portable lighting, and personal care products worldwide. It offers household and specialty batteries, including carbon zinc, alkaline, rechargeable, and lithium batteries. Energizer Holdings has a market cap of $4.8 billion and is part of the consumer goods sector. The company has a P/E ratio of 12.5, below the S&P 500 P/E ratio of 17.7. Shares are up 0.4% year to date as of the close of trading on Wednesday. Currently there are 9 analysts that rate Energizer Holdings a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Energizer Holdings as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Energizer Holdings Ratings Report now.

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1. As of noon trading, Ecolab ( ECL) is up $0.53 (0.8%) to $71.50 on light volume Thus far, 366,324 shares of Ecolab exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $71.08-$71.65 after having opened the day at $71.10 as compared to the previous trading day's close of $70.97.

Ecolab Inc. develops and markets programs, products, and services for the hospitality, foodservice, healthcare, industrial, and energy markets. Ecolab has a market cap of $20.5 billion and is part of the consumer goods sector. The company has a P/E ratio of 36.7, above the S&P 500 P/E ratio of 17.7. Shares are up 21.2% year to date as of the close of trading on Wednesday. Currently there are 12 analysts that rate Ecolab a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Ecolab as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income, good cash flow from operations, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Ecolab Ratings Report now.

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If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the consumer non-durables industry could consider Consumer Staples Select Sector SPDR ( XLP) while those bearish on the consumer non-durables industry could consider ProShares Ultra Sht Consumer Goods ( SZK).

A reminder about TheStreet Ratings group: 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.

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