Coca-Cola Co (KO): 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 ( KO) pushed the Food & Beverage industry higher today making it today's featured food & beverage winner. The industry as a whole closed the day up 0.4%. By the end of trading, Coca-Cola rose $0.41 (1.1%) to $38.74 on average volume. Throughout the day, 10,872,992 shares of Coca-Cola exchanged hands as compared to its average daily volume of 13,424,500 shares. The stock ranged in a price between $38.39-$38.74 after having opened the day at $38.49 as compared to the previous trading day's close of $38.33. Other companies within the Food & Beverage industry that increased today were: Castle Brands Incorporated ( ROX), up 12.9%, Diamond Foods ( DMND), up 11.0%, Tianli Agritech ( OINK), up 6.8% and Tofutti Brands ( TOF), up 6.5%.

The Coca-Cola Company, a beverage company, engages in the manufacture, marketing, and sale of nonalcoholic beverages worldwide. The company primarily offers sparkling beverages and still beverages. Coca-Cola has a market cap of $170.8 billion and is part of the consumer goods sector. Shares are up 6.3% year to date as of the close of trading on Wednesday. Currently there are 8 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 reasonable valuation levels, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, American Lorain ( ALN), down 3.8%, Industrias Bachoco S.A.B. de C.V ( IBA), down 3.3%, Pilgrims Pride ( PPC), down 3.3% and Reeds ( REED), down 2.9% , were all laggards within the food & beverage industry with Monster Beverage ( MNST) 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

Warren Buffett's Annual Letter Reveals a $116 Billion Problem

Warren Buffett's Annual Letter Reveals a $116 Billion Problem

Coca-Cola CEO: Warren Buffett Has Had a Profound Career

Coca-Cola CEO: Warren Buffett Has Had a Profound Career

What Coke's CEO Has Learned From His Most Important Shareholder, Warren Buffett

What Coke's CEO Has Learned From His Most Important Shareholder, Warren Buffett

Watch Jolt: Snapchat's Stock Gets Shredded While GE's CFO Sorta Shines

Watch Jolt: Snapchat's Stock Gets Shredded While GE's CFO Sorta Shines

The Owner of Applebee's and Ihop Wants to Buy Another Restaurant Chain

The Owner of Applebee's and Ihop Wants to Buy Another Restaurant Chain