PepsiCo Inc (PEP): Today's Featured Food & Beverage Winner

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

PepsiCo ( PEP) pushed the Food & Beverage industry higher today making it today's featured food & beverage winner. The industry as a whole closed the day up 0.4%. By the end of trading, PepsiCo rose $1.22 (1.4%) to $85.24 on heavy volume. Throughout the day, 7,227,879 shares of PepsiCo exchanged hands as compared to its average daily volume of 4,792,300 shares. The stock ranged in a price between $83.93-$85.51 after having opened the day at $84.05 as compared to the previous trading day's close of $84.02. Other companies within the Food & Beverage industry that increased today were: Leading Brands ( LBIX), up 12.7%, Monster Beverage ( MNST), up 3.5%, China New Borun Corporation ( BORN), up 3.3% and Le Gaga Holdings ( GAGA), up 3.3%.

PepsiCo, Inc. operates as a food and beverage company worldwide. PepsiCo has a market cap of $131.0 billion and is part of the consumer goods sector. Shares are up 22.8% year to date as of the close of trading on Tuesday. Currently there are 11 analysts that rate PepsiCo a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates PepsiCo as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, good cash flow from operations, increase in stock price during the past year and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Castle Brands Incorporated ( ROX), down 5.0%, China Marine Food Group ( CMFO), down 4.0%, American Lorain ( ALN), down 3.4% and Limoneira ( LMNR), down 2.5% , were all laggards within the food & beverage industry with Mead Johnson Nutrition Company ( MJN) being today's food & beverage industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the food & beverage industry could consider PowerShares Dynamic Food & Beverage ( PBJ) while those bearish on the food & beverage industry could consider PowerShares DB Agriculture Sht ETN ( ADZ).

3x UPSIDE POTENTIAL: 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

Natural Alternatives to Sports Drinks - Buying Guide

Uber's New Brand Chief Says the iPhone X Costs Too Much Money

Uber's New Brand Chief: Why I Took the Job and What I'm Going to Do Now

Coca-Cola Is Inching Closer to Monster Beverage Takeover

Hurricane Irma Sends People Panicking to Buy Bottled Water