Mead Johnson Nutrition Company (MJN): Today's Featured Consumer Goods Laggard

Mead Johnson Nutrition Company ( MJN) pushed the Consumer Goods sector lower today making it today's featured Consumer Goods laggard. The sector as a whole closed the day down 0.3%. By the end of trading, Mead Johnson Nutrition Company fell $4.53 (-5.7%) to $74.90 on heavy volume. Throughout the day, 4,167,671 shares of Mead Johnson Nutrition Company exchanged hands as compared to its average daily volume of 1,417,300 shares. The stock ranged in price between $74.59-$78.00 after having opened the day at $78.00 as compared to the previous trading day's close of $79.43. Other companies within the Consumer Goods sector that declined today were: Zep ( ZEP), down 19.0%, Tianli Agritech ( OINK), down 7.3%, Westport Innovations ( WPRT), down 6.7% and Virco Manufacturing Corporation ( VIRC), down 6.0%.

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 $16.0 billion and is part of the food & beverage industry. The company has a P/E ratio of 26.2, above the S&P 500 P/E ratio of 17.7. Shares are up 20.5% 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 positive front, SGOCO Group ( SGOC), up 9.6%, Swisher Hygiene ( SWSH), up 7.9%, China New Borun Corporation ( BORN), up 6.7% and China Automotive Systems ( CAAS), up 5.5% , were all gainers within the consumer goods sector with Herbalife ( HLF) being today's featured consumer goods sector leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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