Today's Stocks Driving Success For The Consumer Goods Sector

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 119 points (0.7%) at 16,493 as of Wednesday, Jan. 15, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,941 issues advancing vs. 990 declining with 158 unchanged.

The Consumer Goods sector currently sits up 0.3% versus the S&P 500, which is up 0.5%. A company within the sector that increased today was Apple ( AAPL), up 2.3%.

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

3. PepsiCo ( PEP) is one of the companies pushing the Consumer Goods sector higher today. As of noon trading, PepsiCo is up $0.46 (0.6%) to $82.83 on average volume. Thus far, 1.7 million shares of PepsiCo exchanged hands as compared to its average daily volume of 4.4 million shares. The stock has ranged in price between $82.28-$83.20 after having opened the day at $82.48 as compared to the previous trading day's close of $82.37.

PepsiCo, Inc. operates as a food and beverage company worldwide. PepsiCo has a market cap of $126.3 billion and is part of the food & beverage industry. The company has a P/E ratio of 19.3, above the S&P 500 P/E ratio of 17.7. Shares are down 0.7% year-to-date as of the close of trading on Tuesday. Currently there are 10 analysts who 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 reasonable valuation levels. 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.

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2. As of noon trading, Philip Morris International ( PM) is up $0.45 (0.6%) to $82.90 on average volume. Thus far, 2.1 million shares of Philip Morris International exchanged hands as compared to its average daily volume of 5.1 million shares. The stock has ranged in price between $82.35-$83.00 after having opened the day at $82.45 as compared to the previous trading day's close of $82.45.

Philip Morris International Inc., through its subsidiaries, manufactures and sells cigarettes and other tobacco products. Philip Morris International has a market cap of $132.1 billion and is part of the tobacco industry. The company has a P/E ratio of 15.7, below the S&P 500 P/E ratio of 17.7. Shares are down 5.4% year-to-date as of the close of trading on Tuesday. Currently there are 10 analysts who rate Philip Morris International a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Philip Morris International as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share and good cash flow from operations. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. Get the full Philip Morris International Ratings Report now.

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1. As of noon trading, Coca-Cola ( KO) is up $0.21 (0.5%) to $39.90 on average volume. Thus far, 6.3 million shares of Coca-Cola exchanged hands as compared to its average daily volume of 13.9 million shares. The stock has ranged in price between $39.58-$39.94 after having opened the day at $39.83 as compared to the previous trading day's close of $39.69.

The Coca-Cola Company, a beverage company, engages in the manufacture, marketing, and sale of nonalcoholic beverages worldwide. The company primarily offers sparkling beverages and still beverages. Coca-Cola has a market cap of $174.6 billion and is part of the food & beverage industry. The company has a P/E ratio of 20.5, above the S&P 500 P/E ratio of 17.7. Shares are down 3.9% year-to-date as of the close of trading on Tuesday. Currently there are 9 analysts who rate Coca-Cola a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Coca-Cola as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, notable return on equity, good cash flow from operations, expanding profit margins and increase in stock price during the past year. 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 Coca-Cola 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 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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