MeadWestvaco Corporation (MWV): Today's Featured Consumer Non-Durables 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.

MeadWestvaco Corporation ( MWV) pushed the Consumer Non-Durables industry higher today making it today's featured consumer non-durables winner. The industry as a whole closed the day up 0.2%. By the end of trading, MeadWestvaco Corporation rose $1.72 (4.8%) to $37.38 on heavy volume. Throughout the day, 3,698,104 shares of MeadWestvaco Corporation exchanged hands as compared to its average daily volume of 1,077,500 shares. The stock ranged in a price between $36.73-$37.85 after having opened the day at $37.20 as compared to the previous trading day's close of $35.66. Other companies within the Consumer Non-Durables industry that increased today were: China Shengda Packaging Group ( CPGI), up 10.6%, Tandy Brands Accessories ( TBAC), up 6.4%, Swisher Hygiene ( SWSH), up 5.0% and Oxford Industries ( OXM), up 4.7%.

MeadWestvaco Corporation provides packaging solutions to healthcare, beauty and personal care, food, beverage, home and garden, tobacco, and agricultural industries worldwide. MeadWestvaco Corporation has a market cap of $6.2 billion and is part of the consumer goods sector. The company has a P/E ratio of 35.7, above the S&P 500 P/E ratio of 17.7. Shares are down 3.4% year to date as of the close of trading on Tuesday. Currently there are 2 analysts that rate MeadWestvaco Corporation a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates MeadWestvaco Corporation 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, good cash flow from operations, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the negative front, Verso Paper ( VRS), down 15.2%, Vince ( VNCE), down 2.9%, Coldwater Creek ( CWTR), down 2.5% and CCA Industries ( CAW), down 2.5% , were all laggards within the consumer non-durables industry with Nu Skin ( NUS) being today's consumer non-durables industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer non-durables industry could consider Consumer Staples Select Sector SPDR ( XLP) while those bearish on the consumer non-durables industry could consider ProShares Ultra Sht Consumer Goods ( SZK).

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