Mead Johnson Nutrition Company (MJN): 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

Mead Johnson Nutrition Company ( MJN) 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, Mead Johnson Nutrition Company rose $1.35 (1.7%) to $80.85 on average volume. Throughout the day, 1,314,375 shares of Mead Johnson Nutrition Company exchanged hands as compared to its average daily volume of 1,653,800 shares. The stock ranged in a price between $79.54-$80.90 after having opened the day at $79.76 as compared to the previous trading day's close of $79.50. Other companies within the Food & Beverage industry that increased today were: National Beverage Corporation ( FIZZ), up 9.8%, Bridgford Foods Corporation ( BRID), up 5.5%, Central European Distribution ( CEDC), up 5.0% and Lifeway Foods ( LWAY), up 5.0%.
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Mead Johnson Nutrition Company manufactures, distributes, and sells infant formulas, children's nutrition, and other nutritional products. Mead Johnson Nutrition Company has a market cap of $16.3 billion and is part of the consumer goods sector. The company has a P/E ratio of 26.7, above the S&P 500 P/E ratio of 17.7. Shares are up 22.1% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate Mead Johnson Nutrition Company a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Mead Johnson Nutrition Company as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, expanding profit margins, good cash flow from operations, growth in earnings per share and revenue growth. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the negative front, China New Borun Corporation ( BORN), down 6.7%, Fomento Economico Mexicano SAB de CV ( FMX), down 3.6%, Key Technology ( KTEC), down 3.0% and Le Gaga Holdings ( GAGA), down 2.9% , were all laggards within the food & beverage industry with Dr Pepper Snapple Group ( DPS) 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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