Mead Johnson Nutrition Company (MJN): Today's Featured Food & Beverage 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.

Mead Johnson Nutrition Company ( MJN) pushed the Food & Beverage industry lower today making it today's featured Food & Beverage laggard. The industry as a whole closed the day up 0.1%. By the end of trading, Mead Johnson Nutrition Company fell $0.78 (-1.0%) to $76.17 on light volume. Throughout the day, 867,359 shares of Mead Johnson Nutrition Company exchanged hands as compared to its average daily volume of 2,076,500 shares. The stock ranged in price between $75.85-$76.95 after having opened the day at $76.87 as compared to the previous trading day's close of $76.95. Other companies within the Food & Beverage industry that declined today were: S&W Seed Company ( SANW), down 4.4%, American Lorain ( ALN), down 3.8%, Primo Water ( PRMW), down 2.4% and Seaboard Corporation ( SEB), down 2.0%.

Mead Johnson Nutrition Company manufactures, distributes, and sells infant formulas, children's nutrition, and other nutritional products. Mead Johnson Nutrition Company has a market cap of $15.7 billion and is part of the consumer goods sector. Shares are up 17.6% year to date as of the close of trading on Monday. Currently there are 4 analysts that rate Mead Johnson Nutrition Company a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Mead Johnson Nutrition Company as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, revenue growth and expanding profit margins. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.

On the positive front, Inventure Foods ( SNAK), up 8.8%, Reeds ( REED), up 5.8%, Truett-Hurst ( THST), up 4.9% and Chiquita Brands International ( CQB), up 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).

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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