5 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

Two out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 60 points (0.4%) at 15,029 as of Tuesday, May 7, 2013, 12:54 PM ET. The NYSE advances/declines ratio sits at 1,907 issues advancing vs. 994 declining with 159 unchanged.

The Consumer Goods sector currently sits up 0.3% versus the S&P 500, which is up 0.3%. Top gainers within the sector include Sony Corporation ( SNE), up 2.6%, General Mills ( GIS), up 2.0%, Coca-Cola Femsa S.A.B. de C.V ( KOF), up 2.0%, Toyota Motor ( TM), up 1.2% and Altria Group ( MO), up 1.1%. A company within the sector that fell today was Tesla Motors ( TSLA), up 3.78.

TheStreet Ratings group would like to highlight 5 stocks pushing the sector higher today:

5. Harley-Davidson ( HOG) is one of the companies pushing the Consumer Goods sector higher today. As of noon trading, Harley-Davidson is up $1.45 (2.63) to $56.61 on average volume Thus far, 889,437 shares of Harley-Davidson exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $55.31-$56.63 after having opened the day at $55.38 as compared to the previous trading day's close of $55.16.

Harley-Davidson, Inc. manufactures heavyweight cruiser and touring motorcycles. The company operates through two segments: the Motorcycles segment and the Financial Services segment. Harley-Davidson has a market cap of $12.3 billion and is part of the automotive industry. The company has a P/E ratio of 18.2, above the S&P 500 P/E ratio of 17.7. Shares are up 13.0% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate Harley-Davidson a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Harley-Davidson as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, impressive record of earnings per share growth, increase in net income and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Harley-Davidson Ratings Report now.

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4. As of noon trading, Fossil ( FOSL) is up $9.17 (9.27) to $108.13 on heavy volume Thus far, 1.8 million shares of Fossil exchanged hands as compared to its average daily volume of 884,600 shares. The stock has ranged in price between $105.50-$108.66 after having opened the day at $107.00 as compared to the previous trading day's close of $98.96.

Fossil, Inc., together with its subsidiaries, engages in the design, development, marketing, and distribution of consumer fashion accessories worldwide. It operates in four segments: North America Wholesale, Europe Wholesale, Asia Pacific Wholesale, and Direct to Consumer. Fossil has a market cap of $5.8 billion and is part of the consumer durables industry. The company has a P/E ratio of 17.6, below the S&P 500 P/E ratio of 17.7. Shares are up 5.5% year to date as of the close of trading on Monday. Currently there are 4 analysts that rate Fossil a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Fossil 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, notable return on equity, attractive valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Fossil Ratings Report now.

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3. As of noon trading, Ecolab ( ECL) is up $0.88 (1.03) to $86.23 on average volume Thus far, 456,895 shares of Ecolab exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $85.75-$86.49 after having opened the day at $85.75 as compared to the previous trading day's close of $85.35.

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 $25.3 billion and is part of the consumer non-durables industry. The company has a P/E ratio of 31.6, above the S&P 500 P/E ratio of 17.7. Shares are up 18.7% year to date as of the close of trading on Monday. Currently there are 11 analysts that rate Ecolab a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Ecolab as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and expanding profit margins. 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, Reynolds American ( RAI) is up $0.53 (1.12) to $47.78 on light volume Thus far, 441,433 shares of Reynolds American exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $47.25-$47.79 after having opened the day at $47.26 as compared to the previous trading day's close of $47.25.

Reynolds American Inc., through its subsidiaries, manufactures and sells cigarette and other tobacco products in the United States. The company operates through RJR Tobacco, American Snuff, and Santa Fe segments. Reynolds American has a market cap of $26.1 billion and is part of the tobacco industry. The company has a P/E ratio of 17.7, equal to the S&P 500 P/E ratio of 17.7. Shares are up 15.1% year to date as of the close of trading on Monday. Currently there is 1 analyst that rates Reynolds American a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates Reynolds American as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, notable return on equity, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Reynolds American 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.

1. As of noon trading, Coca-Cola ( KO) is up $0.29 (0.69) to $42.37 on average volume Thus far, 6.0 million shares of Coca-Cola exchanged hands as compared to its average daily volume of 15.2 million shares. The stock has ranged in price between $42.15-$42.44 after having opened the day at $42.24 as compared to the previous trading day's close of $42.08.

The Coca-Cola Company, a beverage company, engages in the manufacture, marketing, and sale of nonalcoholic beverages worldwide. The company primarily offers sparkling beverages and still beverages. Coca-Cola has a market cap of $188.1 billion and is part of the food & beverage industry. The company has a P/E ratio of 21.8, above the S&P 500 P/E ratio of 17.7. Shares are up 16.1% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate Coca-Cola a buy, no analysts rate it a sell, and 6 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 notable return on equity, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Coca-Cola 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 5 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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