Coca-Cola Enterprises Inc (CCE): 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.

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 37 cents (1.1%) to $35.34 on average volume. Throughout the day, 2.9 million shares of Coca-Cola exchanged hands as compared to its average daily volume of 2.8 million shares. The stock ranged in a price between $34.78-$35.48 after having opened the day at $35.01 as compared to the previous trading day's close of $34.97. Other companies within the Food & Beverage industry that increased today were: Dean Foods Company ( DF), up 4.8%, SodaStream International ( SODA), up 4.6%, Coca-Cola Hellenic Bottling Company S.A ( CCH), up 3.6%, and Alico ( ALCO), up 3.5%.
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Coca-Cola Enterprises, Inc. produces, distributes, and markets nonalcoholic beverages. It provides still and sparkling waters, flavored waters, juice and juice drinks, sports drinks, energy drinks, teas, and coffees. Coca-Cola has a market cap of $9.81 billion and is part of the consumer goods sector. The company has a P/E ratio of 15.6, below the S&P 500 P/E ratio of 17.7. Shares are up 10.2% year to date as of the close of trading on Tuesday. Currently there are five analysts that rate Coca-Cola a buy, one analyst rates 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 revenue growth, reasonable valuation levels, good cash flow from operations, solid stock price performance 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, Boulder Brands ( BDBD), down 5.6%, Boulder Brands ( SMBL), down 5.6%, SkyPeople Fruit Juice ( SPU), down 4.3%, and Crumbs Bake Shop ( CRMB), down 4.2%, were all laggards within the food & beverage industry with Smithfield Foods ( SFD) 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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