Today's Stocks Driving Success For The Consumer Goods Sector

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 41 points (-0.3%) at 15,444 as of Tuesday, July 16, 2013, 12:45 PM ET. The NYSE advances/declines ratio sits at 951 issues advancing vs. 1,969 declining with 95 unchanged.

The Consumer Goods sector currently sits down 0.5% versus the S&P 500, which is down 0.4%. On the negative front, top decliners within the sector include Companhia de Bebidas das Americas Ambev ( ABV.C), down 2.6%, Mondelez International ( MDLZ), down 1.1%, Honda Motor ( HMC), down 1.1%, PepsiCo ( PEP), down 0.7% and Procter & Gamble ( PG), down 0.5%.

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

3. Canon ( CAJ) is one of the companies pushing the Consumer Goods sector higher today. As of noon trading, Canon is up $0.65 (1.9%) to $34.79 on light volume. Thus far, 81,047 shares of Canon exchanged hands as compared to its average daily volume of 514,300 shares. The stock has ranged in price between $34.57-$34.80 after having opened the day at $34.69 as compared to the previous trading day's close of $34.14.

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 $39.2 billion and is part of the consumer durables industry. Shares are down 13.2% year to date as of the close of trading on Monday. 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.

3x UPSIDE POTENTIAL: 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, Altria Group ( MO) is up $0.26 (0.7%) to $37.30 on average volume. Thus far, 4.2 million shares of Altria Group exchanged hands as compared to its average daily volume of 9.5 million shares. The stock has ranged in price between $36.93-$37.45 after having opened the day at $36.98 as compared to the previous trading day's close of $37.05.

Altria Group, Inc., through its subsidiaries, engages in the manufacture and sale of cigarettes, smokeless products, and wine in the United States and internationally. Altria Group has a market cap of $74.2 billion and is part of the tobacco industry. Shares are up 17.8% year to date as of the close of trading on Monday. Currently there are 6 analysts that rate Altria Group a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Altria Group as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, notable return on equity, expanding profit margins, attractive valuation levels and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Altria Group Ratings Report now.

3x UPSIDE POTENTIAL: 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, Philip Morris International ( PM) is up $0.94 (1.1%) to $90.55 on average volume. Thus far, 2.3 million shares of Philip Morris International exchanged hands as compared to its average daily volume of 5.3 million shares. The stock has ranged in price between $89.31-$90.75 after having opened the day at $89.52 as compared to the previous trading day's close of $89.61.

Philip Morris International Inc., through its subsidiaries, manufactures and sells cigarettes and other tobacco products. Philip Morris International has a market cap of $146.7 billion and is part of the tobacco industry. Shares are up 7.2% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate Philip Morris International a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Philip Morris International as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and weak operating cash flow. Get the full Philip Morris International Ratings Report now.

3x UPSIDE POTENTIAL: 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 3 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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