Beam Inc (BEAM): 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.

Beam ( BEAM) pushed the Food & Beverage industry higher today making it today's featured food & beverage winner. The industry as a whole closed the day up 0.1%. By the end of trading, Beam rose $0.76 (1.2%) to $63.32 on average volume. Throughout the day, 918,302 shares of Beam exchanged hands as compared to its average daily volume of 664,000 shares. The stock ranged in a price between $62.51-$63.49 after having opened the day at $62.69 as compared to the previous trading day's close of $62.56. Other companies within the Food & Beverage industry that increased today were: Embotelladora Andina ( AKO.B), up 6.6%, Calavo Growers ( CVGW), up 6.4%, Concha y Toro Winery ( VCO), up 6.1% and American Lorain ( ALN), up 4.2%.

Beam Inc. manufactures and sells distilled spirits worldwide. The company's principal products include bourbon whiskey, tequila, Scotch whisky, Canadian whisky, vodka, cognac, rum, cordials, and ready-to-drink pre-mixed cocktails. Beam has a market cap of $10.1 billion and is part of the consumer goods sector. Shares are up 2.4% year to date as of the close of trading on Wednesday. Currently there are 8 analysts that rate Beam a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Beam as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income and weak operating cash flow.

On the negative front, Tianli Agritech ( OINK), down 12.2%, Lifeway Foods ( LWAY), down 6.3%, Crumbs Bake Shop ( CRMB), down 6.0% and Willamette Valley Vineyards ( WVVI), down 3.2% , were all laggards within the food & beverage industry with Dr Pepper Snapple Group ( DPS) 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.
null

If you liked this article you might like

Bourbon Whiskey -- A Brief History of This All-American Drink

Super Mario Gabelli of Gamco Is King of M&A, as Hillshire Deal Shows

Strong And Under The Radar: Beam (BEAM)

Has America really drunk its fill of these 5 beverage stocks?

David Beckham and Simon Fuller Raise Diageo's Drinks, Bottom Line