Today's Stocks Driving Success For The Consumer Goods Sector

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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 115 points (0.7%) at 16,388 as of Friday, Feb. 28, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,987 issues advancing vs. 938 declining with 158 unchanged.

The Consumer Goods sector currently sits up 0.4% versus the S&P 500, which is up 0.6%. Top gainers within the sector include Monster Beverage ( MNST), up 4.4%, BRF ( BRFS), up 4.3%, LKQ Corporation ( LKQ), up 2.9%, PACCAR ( PCAR), up 2.2% and Estee Lauder Cos ( EL), up 1.7%. A company within the sector that fell today was Tesla Motors ( TSLA), up 2.3%.

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

3. Nike ( NKE) is one of the companies pushing the Consumer Goods sector higher today. As of noon trading, Nike is up $0.53 (0.7%) to $78.55 on light volume. Thus far, 1.1 million shares of Nike exchanged hands as compared to its average daily volume of 3.8 million shares. The stock has ranged in price between $77.61-$78.60 after having opened the day at $77.85 as compared to the previous trading day's close of $78.02.

NIKE, Inc., together with its subsidiaries, engages in the design, development, marketing, and sale of athletic footwear, apparel, equipment, and accessories, as well as in the provision of services to men, women, and kids worldwide. Nike has a market cap of $55.5 billion and is part of the consumer non-durables industry. Shares are down 0.8% year-to-date as of the close of trading on Thursday. Currently there are 10 analysts who rate Nike a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Nike as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Nike 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, Mondelez International ( MDLZ) is up $0.19 (0.6%) to $34.04 on average volume. Thus far, 4.8 million shares of Mondelez International exchanged hands as compared to its average daily volume of 9.5 million shares. The stock has ranged in price between $33.24-$34.15 after having opened the day at $33.34 as compared to the previous trading day's close of $33.85.

Mondelez International, Inc., together with its subsidiaries, manufactures and markets snack food and beverage products worldwide. Mondelez International has a market cap of $59.5 billion and is part of the food & beverage industry. Shares are down 4.1% year-to-date as of the close of trading on Thursday. Currently there are 8 analysts who rate Mondelez International a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates Mondelez International as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, solid stock price performance and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Mondelez International 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, Procter & Gamble ( PG) is up $0.52 (0.7%) to $78.71 on light volume. Thus far, 2.4 million shares of Procter & Gamble exchanged hands as compared to its average daily volume of 9.4 million shares. The stock has ranged in price between $78.01-$78.91 after having opened the day at $78.24 as compared to the previous trading day's close of $78.19.

The Procter & Gamble Company, together with its subsidiaries, manufactures and sells branded consumer packaged goods. The company operates through five segments: Beauty, Grooming, Health Care, Fabric Care and Home Care, and Baby Care and Family Care. Procter & Gamble has a market cap of $211.1 billion and is part of the consumer non-durables industry. Shares are down 4.0% year-to-date as of the close of trading on Thursday. Currently there are 9 analysts who rate Procter & Gamble a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Procter & Gamble 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, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Procter & Gamble 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 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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