Coca-Cola Enterprises Inc (CCE): Today's Featured Food & Beverage Winner

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 ( CCE) pushed the Food & Beverage industry higher today making it today's featured food & beverage winner. The industry as a whole closed the day up 0.6%. By the end of trading, Coca-Cola rose $0.66 (1.8%) to $37.46 on average volume. Throughout the day, 2,491,938 shares of Coca-Cola exchanged hands as compared to its average daily volume of 2,477,400 shares. The stock ranged in a price between $36.58-$37.56 after having opened the day at $36.67 as compared to the previous trading day's close of $36.80. Other companies within the Food & Beverage industry that increased today were: Origin Agritech ( SEED), up 7.0%, Tofutti Brands ( TOF), up 6.3%, Amira Nature Foods ( ANFI), up 4.6% and Limoneira ( LMNR), up 4.0%.

Coca-Cola Enterprises, Inc. produces, distributes, and markets nonalcoholic beverages. It provides still and sparkling waters, flavored waters, juice and juice drinks, sports drinks, energy drinks, teas, and coffees. Coca-Cola has a market cap of $10.3 billion and is part of the consumer goods sector. Shares are up 16.9% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Coca-Cola a buy, 1 analyst rates 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 solid stock price performance, notable return on equity, attractive valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Craft Brew Alliance ( BREW), down 4.3%, Castle Brands Incorporated ( ROX), down 4.0%, Willamette Valley Vineyards ( WVVI), down 3.9% and American Lorain ( ALN), down 2.5% , were all laggards within the food & beverage industry with Campbell Soup ( CPB) being today's food & beverage industry laggard.

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).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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