3 Stocks Pulling The Consumer Goods Sector Downward

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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 10 points (-0.1%) at 15,618 as of Friday, Aug. 2, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,354 issues advancing vs. 1,554 declining with 118 unchanged.

The Consumer Goods sector currently is unchanged today versus the S&P 500, which is down 0.1%. A company within the sector that increased today was Apple ( AAPL), up 0.7%.

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

3. Philip Morris International ( PM) is one of the companies pushing the Consumer Goods sector lower today. As of noon trading, Philip Morris International is down $0.46 (-0.5%) to $89.26 on light volume. Thus far, 1.3 million shares of Philip Morris International exchanged hands as compared to its average daily volume of 5.2 million shares. The stock has ranged in price between $89.10-$89.75 after having opened the day at $89.39 as compared to the previous trading day's close of $89.71.

Philip Morris International Inc., through its subsidiaries, manufactures and sells cigarettes and other tobacco products. Philip Morris International has a market cap of $145.9 billion and is part of the tobacco industry. Shares are up 6.6% year to date as of the close of trading on Thursday. 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. Among the primary strengths of the company is its expanding profit margins over time. At the same time, however, we also find weaknesses including deteriorating net income, weak operating cash flow and relatively poor performance when compared with the S&P 500 during the past year. Get the full Philip Morris International Ratings Report now.

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2. As of noon trading, Coca-Cola ( KO) is down $0.42 (-1.0%) to $40.15 on heavy volume. Thus far, 15.0 million shares of Coca-Cola exchanged hands as compared to its average daily volume of 13.4 million shares. The stock has ranged in price between $39.92-$40.24 after having opened the day at $40.03 as compared to the previous trading day's close of $40.57.

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 $177.7 billion and is part of the food & beverage industry. Shares are up 10.6% year to date as of the close of trading on Thursday. 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. Get the full Coca-Cola Ratings Report now.

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1. As of noon trading, Procter & Gamble ( PG) is down $0.75 (-0.9%) to $80.89 on light volume. Thus far, 3.0 million shares of Procter & Gamble exchanged hands as compared to its average daily volume of 9.3 million shares. The stock has ranged in price between $80.56-$81.50 after having opened the day at $81.42 as compared to the previous trading day's close of $81.64.

The Procter & Gamble Company, together with its subsidiaries, engages in the manufacture and sale of a range of branded consumer packaged goods. The company operates in five segments: Beauty, Grooming, Health Care, Fabric Care and Home Care, and Baby Care and Family Care. Procter & Gamble has a market cap of $220.1 billion and is part of the consumer non-durables industry. Shares are up 18.3% year to date as of the close of trading on Thursday. Currently there are 12 analysts that rate Procter & Gamble a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Procter & Gamble as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, good cash flow from operations, growth in earnings per share and increase in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Procter & Gamble Ratings Report now.

STOCKS TO BUY: 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 5 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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