3 Consumer Goods Stocks Dragging The Sector Down

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 63 points (0.4%) at 15,199 as of Monday, July 8, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,878 issues advancing vs. 1,083 declining with 93 unchanged.

The Consumer Goods sector currently sits up 0.4% versus the S&P 500, which is up 1.0%. Top gainers within the sector include Delphi Automotive ( DLPH), up 2.2%, Lorillard ( LO), up 2.2%, Reynolds American ( RAI), up 1.8%, Coca-Cola Femsa S.A.B. de C.V ( KOF), up 1.2% and General Mills ( GIS), up 1.2%.

TheStreet would like to highlight 3 stocks pushing the sector lower today:

3. Canon ( CAJ) is one of the companies pushing the Consumer Goods sector lower today. As of noon trading, Canon is down $0.33 (-1.0%) to $33.27 on light volume. Thus far, 82,832 shares of Canon exchanged hands as compared to its average daily volume of 559,200 shares. The stock has ranged in price between $33.20-$33.40 after having opened the day at $33.20 as compared to the previous trading day's close of $33.60.

Canon Inc. engages in the manufacture and sale of office multifunction devices (MFDs), plain paper copying machines, laser printers, inkjet printers, cameras, and lithography equipment worldwide. Canon has a market cap of $38.4 billion and is part of the consumer durables industry. Shares are down 14.3% year to date as of the close of trading on Friday. Currently there are 2 analysts that rate Canon a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Canon as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and weak operating cash flow. Get the full Canon Ratings Report now.

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

2. As of noon trading, Honda Motor ( HMC) is down $0.63 (-1.6%) to $37.71 on light volume. Thus far, 119,934 shares of Honda Motor exchanged hands as compared to its average daily volume of 628,100 shares. The stock has ranged in price between $37.57-$37.83 after having opened the day at $37.59 as compared to the previous trading day's close of $38.34.

Honda Motor Co., Ltd. engages in the manufacture and sale of motorcycles, automobiles, and power products. It operates through four segments: Motorcycle Business, Automobile Business, Financial Services Business, and Power Product and Other Businesses. Honda Motor has a market cap of $68.4 billion and is part of the automotive industry. Shares are up 3.8% year to date as of the close of trading on Friday. Currently there is 1 analyst that rates Honda Motor a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Honda Motor as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Honda Motor Ratings Report now.

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

1. As of noon trading, Toyota Motor ( TM) is down $0.70 (-0.6%) to $124.57 on light volume. Thus far, 161,081 shares of Toyota Motor exchanged hands as compared to its average daily volume of 708,800 shares. The stock has ranged in price between $124.36-$125.20 after having opened the day at $124.75 as compared to the previous trading day's close of $125.27.

Toyota Motor Corporation engages in the design, manufacture, assembly, and sale of passenger cars, minivans, commercial vehicles, and related parts and accessories primarily in Japan, North America, Europe, and Asia. It operates through Automotive, Financial Services, and All Other segments. Toyota Motor has a market cap of $197.2 billion and is part of the automotive industry. Shares are up 34.3% year to date as of the close of trading on Friday. Currently there is 1 analyst that rates Toyota Motor a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Toyota Motor as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, solid stock price performance, notable return on equity and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Toyota Motor Ratings Report now.

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

If you are interested in one of these 5 stocks, 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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