Mead Johnson Nutrition Company (MJN): 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.

Mead Johnson Nutrition Company ( MJN) pushed the Food & Beverage industry higher today making it today's featured food & beverage winner. The industry as a whole closed the day up 0.9%. By the end of trading, Mead Johnson Nutrition Company rose $2.05 (2.6%) to $79.87 on heavy volume. Throughout the day, 2,810,208 shares of Mead Johnson Nutrition Company exchanged hands as compared to its average daily volume of 1,392,000 shares. The stock ranged in a price between $78.33-$80.29 after having opened the day at $78.33 as compared to the previous trading day's close of $77.82. Other companies within the Food & Beverage industry that increased today were: J&J Snack Foods ( JJSF), up 8.7%, China New Borun Corporation ( BORN), up 7.0%, Origin Agritech ( SEED), up 6.1% and Reeds ( REED), up 5.4%.

Mead Johnson Nutrition Company manufactures, distributes, and sells infant formulas, children's nutrition, and other nutritional products. Mead Johnson Nutrition Company has a market cap of $15.8 billion and is part of the consumer goods sector. The company has a P/E ratio of 25.2, above the S&P 500 P/E ratio of 17.7. Shares are down 7.1% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate Mead Johnson Nutrition Company a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Mead Johnson Nutrition Company as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, expanding profit margins, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.

On the negative front, Crumbs Bake Shop ( CRMB), down 9.0%, Coffee Holding Company ( JVA), down 2.6%, Central Garden & Pet Company ( CENT), down 2.5% and Central Garden & Pet Company ( CENTA), down 2.1%.

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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