Ingredion Inc (INGR): 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.

Ingredion ( INGR) pushed the Food & Beverage industry lower today making it today's featured Food & Beverage laggard. The industry as a whole closed the day up 1.0%. By the end of trading, Ingredion fell $0.72 (-1.1%) to $67.46 on average volume. Throughout the day, 480,601 shares of Ingredion exchanged hands as compared to its average daily volume of 583,000 shares. The stock ranged in price between $67.35-$68.69 after having opened the day at $68.25 as compared to the previous trading day's close of $68.18. Other companies within the Food & Beverage industry that declined today were: Coffee Holding Company ( JVA), down 3.6%, American Lorain ( ALN), down 2.6%, Crumbs Bake Shop ( CRMB), down 2.5% and S&W Seed Company ( SANW), down 2.5%.

Ingredion Incorporated, together with its subsidiaries, manufactures and sells starch and sweetener ingredients in North America, South America, the Asia Pacific, Europe, the Middle East, and Africa. Ingredion has a market cap of $5.2 billion and is part of the consumer goods sector. Shares are down 0.4% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate Ingredion a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Ingredion as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Origin Agritech ( SEED), up 44.8%, Castle Brands Incorporated ( ROX), up 9.2%, Amira Nature Foods ( ANFI), up 8.0% and Truett-Hurst Inc Class A ( THST), up 6.9% , were all gainers within the food & beverage industry with Green Mountain Coffee Roasters ( GMCR) being today's featured food & beverage industry leader.

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.

More from Markets

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%