Molson Coors Brewing Company (TAP): 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

Molson Coors Brewing Company ( TAP) pushed the Food & Beverage industry higher today making it today's featured food & beverage winner. The industry as a whole closed the day up 0.6%. By the end of trading, Molson Coors Brewing Company rose $0.59 (1.2%) to $50.08 on light volume. Throughout the day, 729,793 shares of Molson Coors Brewing Company exchanged hands as compared to its average daily volume of 1,426,200 shares. The stock ranged in a price between $49.51-$50.09 after having opened the day at $49.65 as compared to the previous trading day's close of $49.49. Other companies within the Food & Beverage industry that increased today were: Overhill Farms ( OFI), up 9.8%, Castle Brands Incorporated ( ROX), up 7.9%, Chiquita Brands International ( CQB), up 7.9% and Primo Water ( PRMW), up 7.0%.
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Molson Coors Brewing Company manufactures and sells beer and other beverage products. Molson Coors Brewing Company has a market cap of $7.9 billion and is part of the consumer goods sector. The company has a P/E ratio of 22.7, above the S&P 500 P/E ratio of 17.7. Shares are up 15.7% year to date as of the close of trading on Thursday. Currently there are no analysts that rate Molson Coors Brewing Company a buy, 2 analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Molson Coors Brewing Company as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, largely solid financial position with reasonable debt levels by most measures, 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, Central European Distribution ( CEDC), down 6.9%, China New Borun Corporation ( BORN), down 5.8%, S&W Seed Company ( SANW), down 3.1% and Leading Brands ( LBIX), down 3.0%.

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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