Mead Johnson Nutrition Company (MJN): Today's Featured Food & Beverage Laggard

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 lower today making it today's featured Food & Beverage laggard. The industry as a whole closed the day down 0.2%. By the end of trading, Mead Johnson Nutrition Company fell $1.17 (-1.6%) to $73.66 on heavy volume. Throughout the day, 5,354,105 shares of Mead Johnson Nutrition Company exchanged hands as compared to its average daily volume of 1,596,400 shares. The stock ranged in price between $73.23-$74.79 after having opened the day at $74.79 as compared to the previous trading day's close of $74.83. Other companies within the Food & Beverage industry that declined today were: S&W Seed Company ( SANW), down 7.4%, Hain Celestial Group ( HAIN), down 6.1%, China New Borun Corporation ( BORN), down 4.2% and United Breweries Company ( CCU), down 3.6%.

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 $15.2 billion and is part of the consumer goods sector. Shares are down 10.7% year to date as of the close of trading on Tuesday. Currently there are 6 analysts that rate Mead Johnson Nutrition Company a buy, no analysts rate it a sell, and 6 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 has had generally high debt management risk by most measures that we evaluated.

On the positive front, Crumbs Bake Shop ( CRMB), up 14.8%, Coffee Holding Company ( JVA), up 8.6%, Central Garden & Pet Company ( CENTA), up 8.1% and Central Garden & Pet Company ( CENT), up 7.8% , were all gainers within the food & beverage industry with Coca-Cola ( CCE) being today's featured food & beverage industry leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

If you liked this article you might like

McCormick in $4.2 Billion Play for Reckitt Benckiser's Food Division

Reckitt Wrecked By Petya Virus

Reckitt Benckiser Says Petya Cyber Attack Will Slam Q2 Revenues

Reckitt to Close $18 Billion Mead Johnson Takeover Deal June 15