Procter & Gamble Co (PG): Today's Featured Consumer Non-Durables 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.

Procter & Gamble ( PG) pushed the Consumer Non-Durables industry lower today making it today's featured Consumer Non-Durables laggard. The industry as a whole was unchanged today. By the end of trading, Procter & Gamble fell $1.47 (-1.8%) to $78.54 on light volume. Throughout the day, 6,358,449 shares of Procter & Gamble exchanged hands as compared to its average daily volume of 8,532,600 shares. The stock ranged in price between $78.53-$79.98 after having opened the day at $79.92 as compared to the previous trading day's close of $80.01. Other companies within the Consumer Non-Durables industry that declined today were: Crown Crafts ( CRWS), down 7.0%, Fuwei Films (Holdings ( FFHL), down 6.3%, G-III Apparel Group ( GIII), down 3.4% and Cooper Tire & Rubber Company ( CTB), down 3.3%.

The Procter & Gamble Company, together with its subsidiaries, manufactures and sells branded consumer packaged goods. The company operates through five segments: Beauty, Grooming, Health Care, Fabric Care and Home Care, and Baby Care and Family Care. Procter & Gamble has a market cap of $218.5 billion and is part of the consumer goods sector. Shares are up 17.9% year to date as of the close of trading on Friday. 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, largely solid financial position with reasonable debt levels by most measures, notable return on equity, solid stock price performance and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Mannatech ( MTEX), up 18.1%, Ever-Glory International Group ( EVK), up 7.1%, Xerium Technologies ( XRM), up 5.0% and American Apparel ( APP), up 3.2% , were all gainers within the consumer non-durables industry with Herbalife ( HLF) being today's featured consumer non-durables industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer non-durables industry could consider Consumer Staples Select Sector SPDR ( XLP) while those bearish on the consumer non-durables industry 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

If you liked this article you might like

Watch Jolt: Snapchat's Stock Gets Shredded While GE's CFO Sorta Shines

Watch Jolt: Snapchat's Stock Gets Shredded While GE's CFO Sorta Shines

Chesapeake Energy Roars Back on Earnings; P&G Reveals New Products -- ICYMI

Chesapeake Energy Roars Back on Earnings; P&G Reveals New Products -- ICYMI

When Will the Drama Between Broadcom and Qualcomm Come to an End?

When Will the Drama Between Broadcom and Qualcomm Come to an End?

P&G's CEO Hypes Skin Lotion Innovation as Activist Peltz Arrives to Board

P&G's CEO Hypes Skin Lotion Innovation as Activist Peltz Arrives to Board

Why Activist Investors Won't Target UPS Even After Lackluster Results

Why Activist Investors Won't Target UPS Even After Lackluster Results