Constellation Brands Inc. (STZ): 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.

Constellation Brands ( STZ) pushed the Consumer Goods sector lower today making it today's featured Consumer Goods laggard. The sector as a whole closed the day down 0.1%. By the end of trading, Constellation Brands fell $1.44 (-2.5%) to $57.24 on heavy volume. Throughout the day, 3,554,276 shares of Constellation Brands exchanged hands as compared to its average daily volume of 1,691,600 shares. The stock ranged in price between $57.07-$58.73 after having opened the day at $58.52 as compared to the previous trading day's close of $58.68. Other companies within the Consumer Goods sector that declined today were: Tofutti Brands ( TOF), down 8.5%, Truett-Hurst ( THST), down 7.0%, Origin Agritech ( SEED), down 6.9% and Titan International ( TWI), down 6.3%.

Constellation Brands, Inc., together with its subsidiaries, produces and markets beverage alcohol. Constellation Brands has a market cap of $9.8 billion and is part of the food & beverage industry. Shares are up 67.7% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate Constellation Brands a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Constellation Brands as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, STR Holdings ( STRI), up 21.8%, Kid Brands ( KID), up 13.8%, Entertainment Gaming Asia ( EGT), up 12.9% and Lifeway Foods ( LWAY), up 9.7%.

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.
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