Beam Inc (BEAM): Today's Featured Food & Beverage Winner

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.

Beam ( BEAM) pushed the Food & Beverage industry higher today making it today's featured food & beverage winner. The industry as a whole was unchanged today. By the end of trading, Beam rose 99 cents (1.6%) to $62.97 on average volume. Throughout the day, 858,996 shares of Beam exchanged hands as compared to its average daily volume of 890,700 shares. The stock ranged in a price between $61.97-$63.05 after having opened the day at $62 as compared to the previous trading day's close of $61.98. Other companies within the Food & Beverage industry that increased today were: Dole Food ( DOLE), up 9.6%, Crumbs Bake Shop ( CRMB), up 6.9%, Origin Agritech ( SEED), up 6.5%, and Chiquita Brands International ( CQB), up 6.2%.
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Beam Inc. produces and sells branded distilled spirits products worldwide. Beam has a market cap of $9.77 billion and is part of the consumer goods sector. The company has a P/E ratio of 27, above the S&P 500 P/E ratio of 17.7. Shares are up 0.5% year to date as of the close of trading on Friday. Currently there are six analysts that rate Beam a buy, one analyst rates it a sell, and three rate it a hold.

TheStreet Ratings rates Beam as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Coffee Holding Company ( JVA), down 11%, Golden ( GLDC), down 5%, SkyPeople Fruit Juice ( SPU), down 4.9%, and Ingredion ( INGR), down 4.6%, were all laggards within the food & beverage industry with Dean Foods Company ( DF) 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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