Sealed Air Corporation (SEE): Today's Featured Consumer Non-Durables 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.

Sealed Air Corporation ( SEE) pushed the Consumer Non-Durables industry lower today making it today's featured Consumer Non-Durables laggard. The industry as a whole closed the day up 0.7%. By the end of trading, Sealed Air Corporation fell $1.03 (-3.3%) to $29.86 on heavy volume. Throughout the day, 4,811,643 shares of Sealed Air Corporation exchanged hands as compared to its average daily volume of 1,327,400 shares. The stock ranged in price between $28.18-$30.80 after having opened the day at $29.91 as compared to the previous trading day's close of $30.89. Other companies within the Consumer Non-Durables industry that declined today were: Tandy Brands Accessories ( TBAC), down 12.0%, Prestige Brands Holdings ( PBH), down 9.1%, Schweitzer-Mauduit International ( SWM), down 7.9% and Nu Skin ( NUS), down 5.0%.

Sealed Air Corporation, through its subsidiaries, provides food safety and security, facility hygiene, and product protection solutions worldwide. The company operates through three segments: Food & Beverage (F&B), Institutional & Laundry (I&L), and Protective Packaging. Sealed Air Corporation has a market cap of $6.0 billion and is part of the consumer goods sector. Shares are down 9.3% year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate Sealed Air Corporation a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Sealed Air Corporation as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and good cash flow from operations. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet.

On the positive front, Clearwater Paper ( CLW), up 10.1%, Summer Infant ( SUMR), up 5.7%, American Apparel ( APP), up 5.0% and Steven Madden ( SHOO), up 4.6% , were all gainers within the consumer non-durables industry with Nike ( NKE) being today's featured consumer non-durables industry leader.

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).

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

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