Ecolab Inc. (ECL): Today's Featured Consumer Non-Durables Laggard

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.

Ecolab ( ECL) pushed the Consumer Non-Durables industry lower today making it today's featured Consumer Non-Durables laggard. The industry as a whole closed the day up 0.4%. By the end of trading, Ecolab fell $1.61 (-1.7%) to $92.14 on average volume. Throughout the day, 1,492,107 shares of Ecolab exchanged hands as compared to its average daily volume of 1,164,500 shares. The stock ranged in price between $92.07-$94.97 after having opened the day at $93.99 as compared to the previous trading day's close of $93.75. Other companies within the Consumer Non-Durables industry that declined today were: ACCO Brands ( ACCO), down 9.1%, Orient Paper ( ONP), down 4.5%, Wausau Paper Corporation ( WPP), down 3.4% and Energizer Holdings ( ENR), down 3.0%.

Ecolab Inc. develops and markets programs, products, and services for hospitality, foodservice, healthcare, industrial, and energy markets worldwide. It operates through four segments: Global Industrial, Global Institutional, Global Energy, and Other. Ecolab has a market cap of $27.3 billion and is part of the consumer goods sector. Shares are up 30.4% year to date as of the close of trading on Tuesday. Currently there are 10 analysts that rate Ecolab a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Ecolab as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.

On the positive front, China Shengda Packaging Group ( CPGI), up 13.2%, Herbalife ( HLF), up 9.1%, Mannatech ( MTEX), up 8.2% and Rogers Corporation ( ROG), up 5.5% , were all gainers within the consumer non-durables industry with Hanesbrands ( HBI) being today's featured consumer non-durables industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer non-durables industry could consider Consumer Staples Select Sector SPDR ( XLP) while those bearish on the consumer non-durables industry 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

More from Markets

To Win at Trade the U.S. Must Act and Behave Like China

To Win at Trade the U.S. Must Act and Behave Like China

Dow Rises Sharply as U.S.-China Trade Tensions Thaw

Dow Rises Sharply as U.S.-China Trade Tensions Thaw

Video: Jim Cramer on Tariffs, the Market Rally, Caterpillar and Micron

Video: Jim Cramer on Tariffs, the Market Rally, Caterpillar and Micron

Apple Shares Gain as U.S. and China Call Off Trade War, For Now

Apple Shares Gain as U.S. and China Call Off Trade War, For Now

GE Confirms $11.1 Billion Transportation Merger With Wabtec

GE Confirms $11.1 Billion Transportation Merger With Wabtec