Molson Coors Brewing Company (TAP): 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.

Molson Coors Brewing Company ( TAP) pushed the Food & Beverage industry lower today making it today's featured Food & Beverage laggard. The industry as a whole closed the day down 0.3%. By the end of trading, Molson Coors Brewing Company fell $0.67 (-1.3%) to $50.11 on average volume. Throughout the day, 1,269,727 shares of Molson Coors Brewing Company exchanged hands as compared to its average daily volume of 1,548,100 shares. The stock ranged in price between $50.05-$50.68 after having opened the day at $50.61 as compared to the previous trading day's close of $50.78. Other companies within the Food & Beverage industry that declined today were: Bridgford Foods Corporation ( BRID), down 10.6%, Reeds ( REED), down 7.9%, China New Borun Corporation ( BORN), down 6.9% and Limoneira ( LMNR), down 4.2%.

Molson Coors Brewing Company manufactures and sells beer and other beverage products. Molson Coors Brewing Company has a market cap of $8.1 billion and is part of the consumer goods sector. Shares are up 18.7% year to date as of the close of trading on Friday. Currently there is 1 analyst that rates Molson Coors Brewing Company a buy, 2 analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Molson Coors Brewing Company as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in stock price during the past year, attractive valuation levels, increase in net income and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the positive front, Tianli Agritech ( OINK), up 18.0%, Castle Brands Incorporated ( ROX), up 13.5%, Tofutti Brands ( TOF), up 7.3% and National Beverage Corporation ( FIZZ), up 7.1% , were all gainers within the food & beverage industry with Monster Beverage ( MNST) being today's featured food & beverage industry leader.

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.
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