Rock-Tenn Company (RKT): Today's Featured Consumer Goods 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.

Rock-Tenn Company ( RKT) pushed the Consumer Goods sector lower today making it today's featured Consumer Goods laggard. The sector as a whole closed the day up 0.2%. By the end of trading, Rock-Tenn Company fell $1.78 (-1.5%) to $116.15 on average volume. Throughout the day, 552,620 shares of Rock-Tenn Company exchanged hands as compared to its average daily volume of 646,900 shares. The stock ranged in price between $115.63-$118.00 after having opened the day at $117.98 as compared to the previous trading day's close of $117.93. Other companies within the Consumer Goods sector that declined today were: Blyth ( BTH), down 21.9%, Westport Innovations ( WPRT), down 11.2%, Tufco Technologies ( TFCO), down 9.6% and Tredegar Corporation ( TG), down 8.4%.

Rock-Tenn Company manufactures and sells corrugated and consumer packaging products in the United States, Canada, Mexico, Chile, Argentina, Puerto Rico, and China. Rock-Tenn Company has a market cap of $8.2 billion and is part of the consumer non-durables industry. Shares are up 63.6% year to date as of the close of trading on Thursday. Currently there are 7 analysts that rate Rock-Tenn Company a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Rock-Tenn Company as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, SORL Auto Parts ( SORL), up 30.9%, Quantum Fuel Systems Technologies Worldwide ( QTWW), up 16.0%, Boulder Brands ( BDBD), up 10.5% and Crumbs Bake Shop ( CRMB), up 10.1% , were all gainers within the consumer goods sector with General Motors ( GM) being today's featured consumer goods sector leader.

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

More from Markets

Global Stocks Slide as Trump's New Trade War Salvo Ignites Fresh Concern

Global Stocks Slide as Trump's New Trade War Salvo Ignites Fresh Concern

Ackman Investment Buoys Lowe's; DraftKings Responds to FanDuel Merger -- ICYMI

Ackman Investment Buoys Lowe's; DraftKings Responds to FanDuel Merger -- ICYMI

Replay: Jim Cramer on the Markets, Tiffany, Micron Technology and Union Pacific

Replay: Jim Cramer on the Markets, Tiffany, Micron Technology and Union Pacific

Carnival CEO Arnold Donald: China Will Become the Largest Cruise Market

Carnival CEO Arnold Donald: China Will Become the Largest Cruise Market

Red Robin Slumps After Earnings Miss

Red Robin Slumps After Earnings Miss