Campbell Soup Co (CPB): Today's Featured Consumer Goods 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.

Campbell Soup ( CPB) pushed the Consumer Goods sector lower today making it today's featured Consumer Goods laggard. The sector as a whole closed the day up 0.3%. By the end of trading, Campbell Soup fell $1.04 (-2.4%) to $41.88 on heavy volume. Throughout the day, 3,815,135 shares of Campbell Soup exchanged hands as compared to its average daily volume of 1,146,600 shares. The stock ranged in price between $41.50-$42.97 after having opened the day at $42.82 as compared to the previous trading day's close of $42.92. Other companies within the Consumer Goods sector that declined today were: Tianli Agritech ( OINK), down 12.2%, Fuwei Films (Holdings ( FFHL), down 8.6%, Standard Register Company ( SR), down 7.0% and Greif ( GEF), down 6.8%.

Campbell Soup Company, together with its subsidiaries, engages in the manufacture and marketing of branded convenience food products worldwide. Campbell Soup has a market cap of $13.4 billion and is part of the food & beverage industry. Shares are up 23.0% year to date as of the close of trading on Wednesday. Currently there is 1 analyst that rates Campbell Soup a buy, 3 analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Campbell Soup as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and solid stock price performance. 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, Embotelladora Andina ( AKO.B), up 6.6%, Orient Paper ( ONP), up 6.5%, Calavo Growers ( CVGW), up 6.4% and Concha y Toro Winery ( VCO), up 6.1% , were all gainers within the consumer goods sector with General Motors ( GM) being today's featured consumer goods sector leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer goods sector could consider iShares Dow Jones US Cons Goods ( IYK) while those bearish on the consumer goods sector 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

Albertsons-Plated Deal Likely 'First Domino to Fall' In Meal Kit M&A

Meal Kits Are Hot, and Weight Watchers May Be Next to Try Them

Walmart Will Start Offering Meal Kits on Its Website by December

Watch Out For the Dominoes That Fall: Cramer's 'Mad Money' Recap (Wed 9/20/17)

Cramer: Dominoes Are in Play Today