Beam Inc (BEAM): 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.

Beam ( BEAM) pushed the Food & Beverage industry higher today making it today's featured food & beverage winner. The industry as a whole closed the day down 0.8%. By the end of trading, Beam rose $16.45 (24.6%) to $83.42 on heavy volume. Throughout the day, 36,096,957 shares of Beam exchanged hands as compared to its average daily volume of 680,300 shares. The stock ranged in a price between $82.98-$83.61 after having opened the day at $83.44 as compared to the previous trading day's close of $66.97. Other companies within the Food & Beverage industry that increased today were: Truett-Hurst Inc Class A ( THST), up 7.3%, Castle Brands Incorporated ( ROX), up 6.6%, American Lorain ( ALN), up 4.9% and Crumbs Bake Shop ( CRMB), up 4.9%.

Beam Inc. manufactures and sells distilled spirits worldwide. The company's principal products include bourbon whiskey, tequila, Scotch whisky, Canadian whisky, vodka, cognac, rum, cordials, and ready-to-drink pre-mixed cocktails. Beam has a market cap of $10.8 billion and is part of the consumer goods sector. The company has a P/E ratio of 27.2, above the S&P 500 P/E ratio of 17.7. Shares are down 1.6% year to date as of the close of trading on Friday. Currently there are 6 analysts that rate Beam a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Beam as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, expanding profit margins, notable return on equity 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 negative front, SodaStream International ( SODA), down 26.0%, China New Borun Corporation ( BORN), down 12.2%, Limoneira ( LMNR), down 6.9% and G. Willi-Food International ( WILC), down 5.3% , were all laggards within the food & beverage industry with Green Mountain Coffee Roasters ( GMCR) 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).

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