Monster Beverage Corp (MNST): Today's Featured Consumer Goods Laggard

Monster Beverage ( MNST) pushed the Consumer Goods sector lower today making it today's featured Consumer Goods laggard. The sector as a whole closed the day up 0.8%. By the end of trading, Monster Beverage fell $0.84 (-1.4%) to $59.78 on light volume. Throughout the day, 924,781 shares of Monster Beverage exchanged hands as compared to its average daily volume of 1,993,800 shares. The stock ranged in price between $59.71-$61.37 after having opened the day at $60.82 as compared to the previous trading day's close of $60.62. Other companies within the Consumer Goods sector that declined today were: Primo Water ( PRMW), down 6.0%, SodaStream International ( SODA), down 5.2%, China New Borun Corporation ( BORN), down 3.9% and G. Willi-Food International ( WILC), down 3.5%.

Monster Beverage Corporation, through its subsidiaries, develops, markets, sells, and distributes alternative beverage category beverages in the United States and internationally. Monster Beverage has a market cap of $10.1 billion and is part of the food & beverage industry. Shares are up 14.7% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate Monster Beverage a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Monster Beverage as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the positive front, Tandy Brands Accessories ( TBAC), up 13.1%, China Automotive Systems ( CAAS), up 12.9%, Prestige Brands Holdings ( PBH), up 10.9% and Tufco Technologies ( TFCO), up 10.8% , 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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