Coca-Cola Co (KO): Today's Featured Food & Beverage 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.

Coca-Cola ( KO) pushed the Food & Beverage industry lower today making it today's featured Food & Beverage laggard. The industry as a whole closed the day down 2.2%. By the end of trading, Coca-Cola fell $0.44 (-1.1%) to $39.09 on average volume. Throughout the day, 14,115,339 shares of Coca-Cola exchanged hands as compared to its average daily volume of 13,531,700 shares. The stock ranged in price between $39.02-$39.40 after having opened the day at $39.30 as compared to the previous trading day's close of $39.53. Other companies within the Food & Beverage industry that declined today were: China Marine Food Group ( CMFO), down 43.8%, Reeds ( REED), down 12.7%, Pilgrims Pride ( PPC), down 11.2% and American Lorain ( ALN), down 10.9%.

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 $175.8 billion and is part of the consumer goods sector. Shares are up 9.0% 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 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 positive front, Tianli Agritech ( OINK), up 16.9%, Primo Water ( PRMW), up 3.9%, BRF ( BRFS), up 2.9% and S&W Seed Company ( SANW), up 2.9%.

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).

STOCKS TO BUY: 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

Brigham Young University Sells Caffeinated Coke Drinks for the First Time Ever

Your Complete Guide to Living Like Billionaire Warren Buffett

How to Get Rich Using Warren Buffett's Favorite Stock Market Indicators

CEOs Are Dropping Like Flies

How to Make Your Life Successful Just Like Billionaire Warren Buffett