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 1.2%. By the end of trading, Coca-Cola rose $0.76 (2.0%) to $39.57 on average volume. Throughout the day, 2,402,052 shares of Coca-Cola exchanged hands as compared to its average daily volume of 2,541,000 shares. The stock ranged in a price between $38.84-$39.62 after having opened the day at $38.84 as compared to the previous trading day's close of $38.81. Other companies within the Food & Beverage industry that increased today were: Lifeway Foods ( LWAY), up 9.3%, National Beverage Corporation ( FIZZ), up 6.6%, Farmer Bros ( FARM), up 6.0% and Green Mountain Coffee Roasters ( GMCR), up 5.2%.

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 22.3% year to date as of the close of trading on Friday. 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, China Marine Food Group ( CMFO), down 6.1%, Castle Brands Incorporated ( ROX), down 4.2%, American Lorain ( ALN), down 3.3% and Bridgford Foods Corporation ( BRID), down 2.8%.

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

Finding Bullish and Bearish Stock Reversals

Equifax CEO and Board Are Pretty Cozy

Market Recon: The Reflation Trade Still Lives, but Buckle Your Chinstrap

Market Recon: Understand How Interest Rates Affect You, and You Will Survive

Market Recon: Watch Out for Consumer Discretionary Froth