Leucadia National Corporation (LUK): 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

Leucadia National Corporation ( LUK) 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, Leucadia National Corporation rose $0.56 (1.8%) to $31.52 on light volume. Throughout the day, 1,170,804 shares of Leucadia National Corporation exchanged hands as compared to its average daily volume of 1,602,200 shares. The stock ranged in a price between $30.96-$31.62 after having opened the day at $31.02 as compared to the previous trading day's close of $30.96. Other companies within the Food & Beverage industry that increased today were: Central European Distribution ( CEDC), up 18.4%, MGP Ingredients ( MGPI), up 13.1%, Primo Water ( PRMW), up 7.3% and Castle Brands Incorporated ( ROX), up 5.4%.
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Leucadia National Corporation engages in investment banking, beef processing, manufacturing, telecommunications, gaming, real estate, energy, medical product development, and winery operations in the United States and internationally. Leucadia National Corporation has a market cap of $11.3 billion and is part of the consumer goods sector. The company has a P/E ratio of 12.2, below the S&P 500 P/E ratio of 17.7. Shares are up 30.9% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Leucadia National Corporation as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, S&W Seed Company ( SANW), down 3.0%, Amira Nature Foods ( ANFI), down 2.7%, Concha y Toro Winery ( VCO), down 2.7% and Companhia de Bebidas das Americas Ambev ( ABV.C), down 2.5% , were all laggards within the food & beverage industry with Mondelez International ( MDLZ) 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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