3 Consumer Goods Stocks On The Rise

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 91 points (-0.6%) at 15,838 as of Wednesday, Jan. 29, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 929 issues advancing vs. 2,026 declining with 145 unchanged.

The Consumer Goods sector currently sits down 0.5% versus the S&P 500, which is down 0.4%. On the negative front, top decliners within the sector include McCormick & Company ( MKC), down 6.2%, Royal Philips ( PHG), down 2.9%, PepsiCo ( PEP), down 1.8%, Colgate-Palmolive Company ( CL), down 1.7% and Altria Group ( MO), down 1.2%.

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

3. Honda Motor ( HMC) is one of the companies pushing the Consumer Goods sector higher today. As of noon trading, Honda Motor is up $0.25 (0.7%) to $38.31 on light volume. Thus far, 115,703 shares of Honda Motor exchanged hands as compared to its average daily volume of 308,800 shares. The stock has ranged in price between $38.10-$38.48 after having opened the day at $38.38 as compared to the previous trading day's close of $38.06.

Honda Motor Co., Ltd. engages in the manufacture and sale of motorcycles, automobiles, and power products. It operates through four segments: Motorcycle Business, Automobile Business, Financial Services Business, and Power Product and Other Businesses. Honda Motor has a market cap of $68.6 billion and is part of the automotive industry. The company has a P/E ratio of 10.7, below the S&P 500 P/E ratio of 17.7. Shares are down 8.0% year-to-date as of the close of trading on Tuesday. Currently there are 3 analysts who rate Honda Motor a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Honda Motor as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Honda Motor Ratings Report now.

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2. As of noon trading, Rock-Tenn Company ( RKT) is up $8.98 (9.2%) to $106.74 on heavy volume. Thus far, 902,964 shares of Rock-Tenn Company exchanged hands as compared to its average daily volume of 754,800 shares. The stock has ranged in price between $97.25-$107.00 after having opened the day at $97.26 as compared to the previous trading day's close of $97.76.

Rock-Tenn Company manufactures and sells corrugated and consumer packaging products in the United States, Canada, Mexico, Chile, Argentina, Puerto Rico, and China. The company operates in three segments: Corrugated Packaging, Consumer Packaging, and Recycling. Rock-Tenn Company has a market cap of $7.0 billion and is part of the consumer non-durables industry. The company has a P/E ratio of 9.8, below the S&P 500 P/E ratio of 17.7. Shares are down 6.9% year-to-date as of the close of trading on Tuesday. Currently there are 7 analysts who rate Rock-Tenn Company a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Rock-Tenn Company as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, notable return on equity, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Rock-Tenn Company 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.

1. As of noon trading, International Paper ( IP) is up $1.27 (2.8%) to $47.40 on average volume. Thus far, 2.4 million shares of International Paper exchanged hands as compared to its average daily volume of 3.5 million shares. The stock has ranged in price between $45.56-$47.52 after having opened the day at $45.72 as compared to the previous trading day's close of $46.13.

International Paper Company operates as a paper and packaging company in North America, Europe, Latin America, Russia, Asia, and North Africa. International Paper has a market cap of $20.3 billion and is part of the consumer non-durables industry. The company has a P/E ratio of 17.9, above the S&P 500 P/E ratio of 17.7. Shares are down 5.9% year-to-date as of the close of trading on Tuesday. Currently there are 11 analysts who rate International Paper a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates International Paper as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, compelling growth in net income, increase in stock price during the past year and impressive record of earnings per share growth. 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 International Paper 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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