3 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

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 25 points (-0.2%) at 14,513 as of Friday, March 15, 2013, 12:49 PM ET. The NYSE advances/declines ratio sits at 1,309 issues advancing vs. 1,578 declining with 140 unchanged.

The Consumer Goods sector currently sits up 0.1% versus the S&P 500, which is down 0.1%. A company within the sector that increased today was Mead Johnson Nutrition Company ( MJN), up 1.7%. On the negative front, top decliners within the sector include BRF - Brasil Foods ( BRFS), down 1.7%, Companhia de Bebidas das Americas Ambev ( ABV), down 1.1% and Companhia de Bebidas das Americas Ambev ( ABV.C), down 0.7%.

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

3. Honda Motor ( HMC) is one of the companies pushing the Consumer Goods sector higher today. As of noon trading, Honda Motor is up $0.48 (1.2%) to $39.49 on light volume Thus far, 192,105 shares of Honda Motor exchanged hands as compared to its average daily volume of 657,800 shares. The stock has ranged in price between $39.33-$39.62 after having opened the day at $39.40 as compared to the previous trading day's close of $39.01.

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 $70.5 billion and is part of the automotive industry. The company has a P/E ratio of 11.0, below the S&P 500 P/E ratio of 17.7. Shares are up 5.6% year to date as of the close of trading on Thursday. 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 good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, notable return on equity and growth in earnings per share. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Honda Motor Ratings Report now.

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2. As of noon trading, Sony Corporation ( SNE) is up $1.21 (7.6%) to $17.24 on heavy volume Thus far, 3.2 million shares of Sony Corporation exchanged hands as compared to its average daily volume of 4.0 million shares. The stock has ranged in price between $17.20-$17.39 after having opened the day at $17.26 as compared to the previous trading day's close of $16.03.

Sony Corporation designs, develops, manufactures, and sells electronic equipment, instruments, and devices for consumer, professional, and industrial markets worldwide. Sony Corporation has a market cap of $15.9 billion and is part of the consumer durables industry. The company has a P/E ratio of 4.5, below the S&P 500 P/E ratio of 17.7. Shares are up 43.1% year to date as of the close of trading on Thursday. Currently there are 2 analysts that rate Sony Corporation a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Sony Corporation as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including poor profit margins and a generally disappointing performance in the stock itself. Get the full Sony Corporation Ratings Report now.

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1. As of noon trading, Monster Beverage ( MNST) is up $1.00 (2.1%) to $48.13 on average volume Thus far, 1.3 million shares of Monster Beverage exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $46.97-$48.47 after having opened the day at $47.18 as compared to the previous trading day's close of $47.13.

Monster Beverage Corporation, through its subsidiaries, develops, markets, sells, and distributes alternative beverage category beverages in the United States and internationally. Monster Beverage has a market cap of $7.8 billion and is part of the food & beverage industry. The company has a P/E ratio of 25.3, above the S&P 500 P/E ratio of 17.7. Shares are down 10.8% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate Monster Beverage a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates Monster Beverage as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Monster Beverage 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 goods sector could consider iShares Dow Jones US Cons Goods ( IYK) while those bearish on the consumer goods sector 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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