Monster Beverage Corp (MNST): Today's Featured Consumer Goods 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.

Monster Beverage ( MNST) pushed the Consumer Goods sector higher today making it today's featured consumer goods winner. The sector as a whole closed the day down 0.6%. By the end of trading, Monster Beverage rose $1.08 (1.7%) to $66.24 on average volume. Throughout the day, 1,867,644 shares of Monster Beverage exchanged hands as compared to its average daily volume of 1,474,700 shares. The stock ranged in a price between $64.63-$66.55 after having opened the day at $65.41 as compared to the previous trading day's close of $65.16. Other companies within the Consumer Goods sector that increased today were: Quantum Fuel Systems Technologies Worldwide ( QTWW), up 7.7%, Callaway Golf Company ( ELY), up 7.2%, Castle Brands Incorporated ( ROX), up 6.5% and Entertainment Gaming Asia ( EGT), up 5.9%.

Monster Beverage Corporation, through its subsidiaries, develops, markets, sells, and distributes alternative beverage category beverages in the United States and internationally. Monster Beverage has a market cap of $10.6 billion and is part of the food & beverage industry. The company has a P/E ratio of 33.4, above the S&P 500 P/E ratio of 17.7. Shares are up 23.3% year to date as of the close of trading on Wednesday. Currently there are 6 analysts that rate Monster Beverage a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates Monster Beverage 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, growth in earnings per share, good cash flow from operations 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 negative front, Winnebago Industries ( WGO), down 13.7%, Crumbs Bake Shop ( CRMB), down 7.8%, Tandy Brands Accessories ( TBAC), down 7.7% and Shiloh Industries ( SHLO), down 6.0% , were all laggards within the consumer goods sector with Ralph Lauren ( RL) being today's consumer goods sector laggard.

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).

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