3 Consumer Goods Stocks Driving The Sector 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.

One out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading down 29 points (-0.2%) at 16,367 as of Wednesday, March 5, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,229 issues advancing vs. 1,681 declining with 174 unchanged.

The Consumer Goods sector currently is unchanged today versus the S&P 500, which is unchanged. Top gainers within the sector include Brown-Forman Corporation ( BF.A), up 3.8%, and BRF ( BRFS), up 2.1%. A company within the sector that fell today was Canon ( CAJ), up 0.8%.

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

3. PepsiCo ( PEP) is one of the companies pushing the Consumer Goods sector higher today. As of noon trading, PepsiCo is up $0.56 (0.7%) to $80.84 on average volume. Thus far, 2.5 million shares of PepsiCo exchanged hands as compared to its average daily volume of 5.7 million shares. The stock has ranged in price between $80.31-$81.47 after having opened the day at $80.39 as compared to the previous trading day's close of $80.28.

PepsiCo, Inc. operates as a food and beverage company worldwide. Its Frito-Lay North America segment offers Lay's and Ruffles potato chips, Doritos and Tostitos tortilla chips, Cheetos cheese flavored snacks, dips, Fritos corn chips, and Santitas tortilla chips. PepsiCo has a market cap of $121.1 billion and is part of the food & beverage industry. Shares are down 4.1% year-to-date as of the close of trading on Tuesday. Currently there are 8 analysts who rate PepsiCo a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates PepsiCo as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth, notable return on equity, expanding profit margins and increase in net income. 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 PepsiCo Ratings Report now.

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2. As of noon trading, Ford Motor ( F) is up $0.20 (1.3%) to $15.56 on light volume. Thus far, 14.7 million shares of Ford Motor exchanged hands as compared to its average daily volume of 45.3 million shares. The stock has ranged in price between $15.36-$15.67 after having opened the day at $15.38 as compared to the previous trading day's close of $15.37.

Ford Motor Company develops, manufactures, distributes, and services vehicles, parts, and accessories worldwide. The company operates through two sectors, Automotive and Financial Services. The Automotive sector offers vehicles primarily under the Ford and Lincoln brand names. Ford Motor has a market cap of $58.9 billion and is part of the automotive industry. Shares are down 1.5% year-to-date as of the close of trading on Tuesday. Currently there are 7 analysts who rate Ford Motor a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Ford Motor as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, revenue growth, attractive valuation levels, 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 Ford Motor Ratings Report now.

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1. As of noon trading, General Motors ( GM) is up $0.94 (2.5%) to $37.87 on average volume. Thus far, 15.8 million shares of General Motors exchanged hands as compared to its average daily volume of 26.6 million shares. The stock has ranged in price between $37.33-$38.05 after having opened the day at $37.54 as compared to the previous trading day's close of $36.93.

General Motors Company (GM) designs, manufactures, and markets cars, crossovers, trucks, and automobile parts worldwide. General Motors has a market cap of $57.6 billion and is part of the automotive industry. Shares are down 11.4% year-to-date as of the close of trading on Tuesday. Currently there are 11 analysts who rate General Motors a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates General Motors as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full General Motors Ratings Report now.

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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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