3 Stocks Boosting The Food & Beverage Industry Higher

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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 18 points (-0.1%) at 15,776 as of Monday, Feb. 10, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,409 issues advancing vs. 1,532 declining with 144 unchanged.

The Food & Beverage industry currently sits up 0.1% versus the S&P 500, which is down 0.1%.

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

3. Kellogg Company ( K) is one of the companies pushing the Food & Beverage industry higher today. As of noon trading, Kellogg Company is up $0.54 (0.9%) to $58.90 on average volume. Thus far, 1.0 million shares of Kellogg Company exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $58.34-$58.90 after having opened the day at $58.36 as compared to the previous trading day's close of $58.36.

Kellogg Company, together with its subsidiaries, manufactures and markets ready-to-eat cereal and convenience food products primarily in North America, Europe, Latin America, and the Asia Pacific. Kellogg Company has a market cap of $20.9 billion and is part of the consumer goods sector. Shares are down 4.4% year-to-date as of the close of trading on Friday. Currently there are 3 analysts who rate Kellogg Company a buy, 3 analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Kellogg Company as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, notable return on equity, expanding profit margins, good cash flow from operations 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 Kellogg 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.

2. As of noon trading, Mead Johnson Nutrition Company ( MJN) is up $1.44 (1.9%) to $77.39 on average volume. Thus far, 1.0 million shares of Mead Johnson Nutrition Company exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $76.19-$77.39 after having opened the day at $76.59 as compared to the previous trading day's close of $75.95.

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 $15.3 billion and is part of the consumer goods sector. Shares are down 9.4% year-to-date as of the close of trading on Friday. Currently there are 6 analysts who 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, increase in net income and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Mead Johnson Nutrition 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, Kraft Foods Group ( KRFT) is up $0.60 (1.1%) to $52.90 on average volume. Thus far, 1.5 million shares of Kraft Foods Group exchanged hands as compared to its average daily volume of 3.0 million shares. The stock has ranged in price between $52.11-$53.13 after having opened the day at $52.35 as compared to the previous trading day's close of $52.30.

Kraft Foods Group, Inc. operates as a consumer packaged food and beverage company in North America. Kraft Foods Group has a market cap of $30.8 billion and is part of the consumer goods sector. Shares are down 3.0% year-to-date as of the close of trading on Friday. Currently there are 7 analysts who rate Kraft Foods Group a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Kraft Foods Group as a hold. The company's strengths can be seen in multiple areas, such as its notable return on equity, good cash flow from operations and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and poor profit margins. Get the full Kraft Foods Group 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 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).
null

If you liked this article you might like

What's Behind the Hound of Hades' Stock Market Rampage

What's Behind the Hound of Hades' Stock Market Rampage

Hershey Needs These New Candy Bars to Be Hits This Year

Hershey Needs These New Candy Bars to Be Hits This Year

Here's Who Might Be on Amazon's M&A Shopping List in 2018

Here's Who Might Be on Amazon's M&A Shopping List in 2018

25 Stocks That Could Have a Terrible Start to 2018

25 Stocks That Could Have a Terrible Start to 2018

PepsiCo Under Fire as Smaller Snackmakers Bulk Up in Healthy Organic

PepsiCo Under Fire as Smaller Snackmakers Bulk Up in Healthy Organic