Mondelez International Inc (MDLZ): Today's Featured Consumer Goods Laggard

Mondelez International ( MDLZ) pushed the Consumer Goods sector lower today making it today's featured Consumer Goods laggard. The sector as a whole closed the day down 0.5%. By the end of trading, Mondelez International fell $0.32 (-1.0%) to $29.86 on light volume. Throughout the day, 7,674,648 shares of Mondelez International exchanged hands as compared to its average daily volume of 10,933,700 shares. The stock ranged in price between $29.75-$30.18 after having opened the day at $30.10 as compared to the previous trading day's close of $30.18. Other companies within the Consumer Goods sector that declined today were: Joe's Jeans ( JOEZ), down 21.0%, Tesla Motors ( TSLA), down 14.3%, Standard Motor Products ( SMP), down 8.1% and China Shengda Packaging Group ( CPGI), down 7.9%.

Mondelez International, Inc., together with its subsidiaries, manufactures and markets packaged food products worldwide. Mondelez International has a market cap of $54.2 billion and is part of the food & beverage industry. Shares are up 19.3% year to date as of the close of trading on Monday. Currently there are 11 analysts that rate Mondelez International a buy, 2 analysts rate it a sell, and 5 rate it a hold.

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

On the positive front, SHFL Entertainment ( SHFL), up 22.0%, Ever-Glory International Group ( EVK), up 12.5%, Coldwater Creek ( CWTR), up 9.7% and China Marine Food Group ( CMFO), up 7.4%.

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.
null

If you liked this article you might like

Why Nestle Just Spent $700 Million on Hipster Coffee Brand Blue Bottle

3 Consumer Staples; Trades of the Day: Doug Kass' Views

Warren Buffett Is Losing One Epic Battle With Food