4 Consumer Non-Durables Stocks Pushing Industry Growth

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 72 points (0.5%) at 14,749 as of Thursday, April 25, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 2,049 issues advancing vs. 833 declining with 158 unchanged.

The Consumer Non-Durables industry currently sits up 0.5% versus the S&P 500, which is up 0.7%. Top gainers within the industry include Colgate-Palmolive Company ( CL), up 2.1%, and VF Corporation ( VFC), up 2.0%. A company within the industry that fell today was International Paper ( IP), up 1.44.

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

4. Carter's ( CRI) is one of the companies pushing the Consumer Non-Durables industry higher today. As of noon trading, Carter's is up $4.19 (6.93) to $64.68 on heavy volume Thus far, 2.5 million shares of Carter's exchanged hands as compared to its average daily volume of 785,500 shares. The stock has ranged in price between $62.30-$65.36 after having opened the day at $63.00 as compared to the previous trading day's close of $60.49.

Carter's, Inc., together with its subsidiaries, designs, sources, and markets branded children's wear. The company provides its products under the Carter's, Child of Mine, Just One You, Precious Firsts, OshKosh, and other brands. Carter's has a market cap of $3.6 billion and is part of the consumer goods sector. The company has a P/E ratio of 22.6, above the S&P 500 P/E ratio of 17.7. Shares are up 8.7% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Carter's 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, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Carter's Ratings Report now.

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3. As of noon trading, Ecolab ( ECL) is up $0.82 (0.98) to $84.11 on light volume Thus far, 293,930 shares of Ecolab exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $83.35-$84.21 after having opened the day at $83.35 as compared to the previous trading day's close of $83.29.

Ecolab Inc. develops and markets programs, products, and services for hospitality, foodservice, healthcare, industrial, and energy markets worldwide. It operates through six segments: U.S. Cleaning and Sanitizing; U.S. Ecolab has a market cap of $24.8 billion and is part of the consumer goods sector. The company has a P/E ratio of 35.7, above the S&P 500 P/E ratio of 17.7. Shares are up 15.8% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Ecolab as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and solid stock price performance. 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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2. As of noon trading, Nike ( NKE) is up $0.47 (0.76) to $62.00 on light volume Thus far, 965,383 shares of Nike exchanged hands as compared to its average daily volume of 3.9 million shares. The stock has ranged in price between $61.57-$62.05 after having opened the day at $61.62 as compared to the previous trading day's close of $61.53.

NIKE, Inc., together with its subsidiaries, engages in the design, development, marketing, and sale of footwear, apparel, equipment, and accessories for men, women, and children worldwide. Nike has a market cap of $44.1 billion and is part of the consumer goods sector. The company has a P/E ratio of 12.7, below the S&P 500 P/E ratio of 17.7. Shares are up 19.2% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Nike 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, growth in earnings per share, increase in net income and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Nike Ratings Report now.

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1. As of noon trading, Coach ( COH) is up $1.38 (2.45) to $57.66 on average volume Thus far, 2.7 million shares of Coach exchanged hands as compared to its average daily volume of 6.2 million shares. The stock has ranged in price between $56.08-$57.66 after having opened the day at $56.20 as compared to the previous trading day's close of $56.28.

Coach, Inc. engages in the design, marketing, and distribution of handbags, accessories, wearables, footwear, jewelry, sunwear, travel bags, watches, and fragrances for women and men in the United States and internationally. Coach has a market cap of $15.6 billion and is part of the consumer goods sector. The company has a P/E ratio of 15.0, below the S&P 500 P/E ratio of 17.7. Shares are up 1.4% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Coach 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, expanding profit margins, growth in earnings per share and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Coach Ratings Report now.

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.

If you are interested in one of these 4 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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