Food & Beverage Stocks On The Rise With Help From 3 Stocks

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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 21 points (0.1%) at 16,093 as of Tuesday, Nov. 26, 2013, 11:45 AM ET. The NYSE advances/declines ratio sits at 1,560 issues advancing vs. 1,331 declining with 131 unchanged.

The Food & Beverage industry currently sits up 0.1% versus the S&P 500, which is up 0.1%.

TheStreet would like to highlight 3 stocks pushing the industry higher today:

3. Hormel Foods Corporation ( HRL) is one of the companies pushing the Food & Beverage industry higher today. As of noon trading, Hormel Foods Corporation is up $2.37 (5.6%) to $44.81 on heavy volume. Thus far, 1.0 million shares of Hormel Foods Corporation exchanged hands as compared to its average daily volume of 593,700 shares. The stock has ranged in price between $44.01-$45.53 after having opened the day at $44.02 as compared to the previous trading day's close of $42.44.

Hormel Foods Corporation processes, markets, and sells consumer-branded meat and food products. The company operates in five segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, Specialty Foods, and International & Other. Hormel Foods Corporation has a market cap of $11.3 billion and is part of the consumer goods sector. The company has a P/E ratio of 23.1, above the S&P 500 P/E ratio of 17.7. Shares are up 37.5% year to date as of the close of trading on Monday. Currently there are 4 analysts that rate Hormel Foods Corporation a buy, 2 analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Hormel Foods Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Hormel Foods Corporation Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

2. As of noon trading, General Mills ( GIS) is up $0.38 (0.8%) to $50.26 on average volume. Thus far, 1.2 million shares of General Mills exchanged hands as compared to its average daily volume of 3.2 million shares. The stock has ranged in price between $50.04-$50.37 after having opened the day at $50.06 as compared to the previous trading day's close of $49.88.

General Mills, Inc. produces and markets branded consumer foods in the United States and internationally. It also supplies branded and unbranded food products to the foodservice and commercial baking industries. General Mills has a market cap of $31.8 billion and is part of the consumer goods sector. The company has a P/E ratio of 18.8, above the S&P 500 P/E ratio of 17.7. Shares are up 24.0% year to date as of the close of trading on Monday. Currently there are 8 analysts that rate General Mills a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates General Mills as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, reasonable valuation levels, increase in stock price during the past year and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full General Mills Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

1. As of noon trading, Mondelez International ( MDLZ) is up $0.24 (0.7%) to $33.85 on light volume. Thus far, 2.0 million shares of Mondelez International exchanged hands as compared to its average daily volume of 8.8 million shares. The stock has ranged in price between $33.60-$34.15 after having opened the day at $33.68 as compared to the previous trading day's close of $33.61.

Mondelez International, Inc., together with its subsidiaries, manufactures and markets snack food and beverage products worldwide. Mondelez International has a market cap of $59.4 billion and is part of the consumer goods sector. The company has a P/E ratio of 22.0, above the S&P 500 P/E ratio of 17.7. Shares are up 33.1% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate Mondelez International a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Mondelez International as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Mondelez International Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

If you are interested in one of these 3 stocks, 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).

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