Coca-Cola Co (KO): 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.

Coca-Cola ( KO) pushed the Food & Beverage industry higher today making it today's featured food & beverage winner. The industry as a whole closed the day up 1.5%. By the end of trading, Coca-Cola rose $0.48 (1.2%) to $40.56 on average volume. Throughout the day, 10,668,551 shares of Coca-Cola exchanged hands as compared to its average daily volume of 13,371,800 shares. The stock ranged in a price between $40.40-$40.75 after having opened the day at $40.40 as compared to the previous trading day's close of $40.08. Other companies within the Food & Beverage industry that increased today were: Boulder Brands ( BDBD), up 15.5%, Boston Beer Company ( SAM), up 14.1%, Pilgrims Pride ( PPC), up 7.0% and Craft Brew Alliance ( BREW), up 6.4%.

The Coca-Cola Company, a beverage company, engages in the manufacture, marketing, and sale of nonalcoholic beverages worldwide. The company primarily offers sparkling beverages and still beverages. Coca-Cola has a market cap of $178.7 billion and is part of the consumer goods sector. Shares are up 10.6% year to date as of the close of trading on Wednesday. Currently there are 10 analysts that rate Coca-Cola a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Coca-Cola as a buy. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, expanding profit margins, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, China Marine Food Group ( CMFO), down 8.4%, Cal-Maine Foods ( CALM), down 3.0%, Origin Agritech ( SEED), down 2.3% and Coffee Holding Company ( JVA), down 1.9% , were all laggards within the food & beverage industry with Kellogg Company ( K) 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