Monster Beverage Corp (MNST): Today's Featured Consumer Goods 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.

Monster Beverage ( MNST) pushed the Consumer Goods sector higher today making it today's featured consumer goods winner. The sector as a whole closed the day down 0.6%. By the end of trading, Monster Beverage rose $1.14 (1.6%) to $73.15 on average volume. Throughout the day, 1,286,585 shares of Monster Beverage exchanged hands as compared to its average daily volume of 1,455,600 shares. The stock ranged in a price between $71.44-$73.19 after having opened the day at $71.83 as compared to the previous trading day's close of $72.01. Other companies within the Consumer Goods sector that increased today were: Strattec Security Corporation ( STRT), up 10.9%, Crystal Rock Holdings ( CRVP), up 8.5%, Dorman Products ( DORM), up 8.3% and Standard Register Company ( SR), up 8.2%.

Monster Beverage Corporation, through its subsidiaries, develops, markets, sells, and distributes alternative beverage category beverages in the United States and internationally. Monster Beverage has a market cap of $12.0 billion and is part of the food & beverage industry. Shares are up 6.3% year to date as of the close of trading on Tuesday. Currently there are 6 analysts that rate Monster Beverage a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates Monster Beverage as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share, good cash flow from operations and expanding profit margins. 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, Forward Industries ( FORD), down 8.2%, Northern Technologies International ( NTIC), down 8.2%, SGOCO Group ( SGOC), down 7.5% and Castle Brands Incorporated ( ROX), down 7.3% , were all laggards within the consumer goods sector with International Paper ( IP) being today's consumer goods sector laggard.

For investors not wanting singular stock exposure, 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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