3 Consumer Goods Stocks Dragging The Sector Down

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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 54 points (-0.3%) at 16,409 as of Thursday, Jan. 9, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,224 issues advancing vs. 1,713 declining with 144 unchanged.

The Consumer Goods sector currently sits down 0.6% versus the S&P 500, which is down 0.2%. On the negative front, top decliners within the sector include BRF ( BRFS), down 2.3%, and Coca-Cola ( KO), down 0.8%.

TheStreet would like to highlight 3 stocks pushing the sector lower today:

3. Federal-Mogul ( FDML) is one of the companies pushing the Consumer Goods sector lower today. As of noon trading, Federal-Mogul is down $3.06 (-13.3%) to $19.90 on heavy volume. Thus far, 431,011 shares of Federal-Mogul exchanged hands as compared to its average daily volume of 281,900 shares. The stock has ranged in price between $19.60-$22.14 after having opened the day at $21.76 as compared to the previous trading day's close of $22.97.

Federal-Mogul Corporation supplies various components, accessories, and systems in the United States and internationally. The company operates in two segments, Powertrain and Vehicle Components Solutions. Federal-Mogul has a market cap of $3.2 billion and is part of the automotive industry. Shares are up 16.7% year to date as of the close of trading on Wednesday. Currently there is 1 analyst that rates Federal-Mogul a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Federal-Mogul as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and poor profit margins. Get the full Federal-Mogul Ratings Report now.

STOCKS TO BUY: 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, Coca-Cola Femsa S.A.B. de C.V ( KOF) is down $1.49 (-1.3%) to $115.78 on light volume. Thus far, 17,999 shares of Coca-Cola Femsa S.A.B. de C.V exchanged hands as compared to its average daily volume of 75,100 shares. The stock has ranged in price between $115.39-$117.52 after having opened the day at $116.91 as compared to the previous trading day's close of $117.27.

Coca Cola FEMSA, S.A.B. de C.V., a franchise bottler, produces, markets, and distributes Coca-Cola trademark beverages. Coca-Cola Femsa S.A.B. de C.V has a market cap of $24.4 billion and is part of the food & beverage industry. The company has a P/E ratio of 23.6, above the S&P 500 P/E ratio of 17.7. Shares are down 3.7% year to date as of the close of trading on Wednesday. Currently there is 1 analyst that rates Coca-Cola Femsa S.A.B. de C.V a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Coca-Cola Femsa S.A.B. de C.V as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Coca-Cola Femsa S.A.B. de C.V Ratings Report now.

STOCKS TO BUY: 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, PepsiCo ( PEP) is down $0.59 (-0.7%) to $82.65 on average volume. Thus far, 1.7 million shares of PepsiCo exchanged hands as compared to its average daily volume of 4.5 million shares. The stock has ranged in price between $82.37-$83.39 after having opened the day at $83.34 as compared to the previous trading day's close of $83.24.

PepsiCo, Inc. operates as a food and beverage company worldwide. PepsiCo has a market cap of $128.0 billion and is part of the food & beverage industry. The company has a P/E ratio of 19.6, above the S&P 500 P/E ratio of 17.7. Shares are up 0.4% year to date as of the close of trading on Wednesday. Currently there are 10 analysts that rate PepsiCo a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates PepsiCo as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full PepsiCo Ratings Report now.

STOCKS TO BUY: 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 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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