International Paper Co. (IP): Today's Featured Consumer Goods 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.

International Paper ( IP) pushed the Consumer Goods sector lower today making it today's featured Consumer Goods laggard. The sector as a whole closed the day down 0.6%. By the end of trading, International Paper fell $0.50 (-1.0%) to $48.71 on average volume. Throughout the day, 3,362,164 shares of International Paper exchanged hands as compared to its average daily volume of 3,616,300 shares. The stock ranged in price between $48.66-$49.71 after having opened the day at $48.98 as compared to the previous trading day's close of $49.21. Other companies within the Consumer Goods sector that declined today were: 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%.

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 $21.8 billion and is part of the consumer non-durables industry. Shares are up 0.3% year to date as of the close of trading on Tuesday. Currently there are 11 analysts that 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, good cash flow from operations, 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.

On the positive front, 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% , were all gainers within the consumer goods sector with Monster Beverage ( MNST) being today's featured consumer goods sector leader.

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).

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

Volatility Reigns Supreme: Cramer's 'Mad Money' Recap (Thursday 2/8/18)

Volatility Reigns Supreme: Cramer's 'Mad Money' Recap (Thursday 2/8/18)

Cramer Calls It a Market Reset: 'Mad Money' Recap (Monday 2/5/18)

Cramer Calls It a Market Reset: 'Mad Money' Recap (Monday 2/5/18)

The Really Big Money Rushes to Super Bowl

The Really Big Money Rushes to Super Bowl

Feed the Beast: Cramer's 'Mad Money' Recap (Thursday 1/4/18)

Feed the Beast: Cramer's 'Mad Money' Recap (Thursday 1/4/18)

Jim Cramer: Good Cyclical Stocks to Buy Are in Short Supply

Jim Cramer: Good Cyclical Stocks to Buy Are in Short Supply