Corn Products International Inc. (CPO): Today's Featured Consumer Goods 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

Corn Products International ( CPO) pushed the Consumer Goods sector higher today making it today's featured consumer goods winner. The sector as a whole closed the day down 0.3%. By the end of trading, Corn Products International rose $0.97 (1.4%) to $71.72 on average volume. Throughout the day, 588,562 shares of Corn Products International exchanged hands as compared to its average daily volume of 530,800 shares. The stock ranged in a price between $69.49-$71.74 after having opened the day at $70.03 as compared to the previous trading day's close of $70.75. Other companies within the Consumer Goods sector that increased today were: Verso Paper ( VRS), up 7.1%, Tesla Motors ( TSLA), up 6.3%, Delta Apparel ( DLA), up 5.7% and Summer Infant ( SUMR), up 5.7%.
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Corn Products International, Inc., together with its subsidiaries, engages in the manufacture and sale of starch and sweetener ingredients in North America, South America, the Asia Pacific, Europe, the Middle East, and Africa. Corn Products International has a market cap of $3.8 billion and is part of the food & beverage industry. The company has a P/E ratio of 11.9, below the S&P 500 P/E ratio of 17.7. Shares are unchanged year to date as of the close of trading on Wednesday. Currently there are 7 analysts that rate Corn Products International a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Corn Products International as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, attractive valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins.

On the negative front, Central European Distribution ( CEDC), down 52.2%, Mannatech ( MTEX), down 14.8%, Tandy Brands Accessories ( TBAC), down 5.8% and Icahn ( IEP), down 5.4% , were all laggards within the consumer goods sector with General Motors ( GM) being today's consumer goods sector laggard.

For investors not wanting singular stock exposure, 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).

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