3 Stocks Pushing The Consumer Goods Sector Downward

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 18 points (0.1%) at 16,551 as of Wednesday, April 2, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,684 issues advancing vs. 1,250 declining with 198 unchanged.

The Consumer Goods sector currently sits up 0.8% versus the S&P 500, which is up 0.2%. A company within the sector that fell today was UniFirst Corporation ( UNF), up 9.3%. Top gainers within the sector include Pitney Bowes ( PBI), up 4.0%, Tesla Motors ( TSLA), up 3.9%, Harman International Industries ( HAR), up 2.7%, ConAgra Foods ( CAG), up 1.3% and Canon ( CAJ), up 1.2%.

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

3. Lear Corporation ( LEA) is one of the companies pushing the Consumer Goods sector lower today. As of noon trading, Lear Corporation is down $1.50 (-1.7%) to $85.30 on heavy volume. Thus far, 733,623 shares of Lear Corporation exchanged hands as compared to its average daily volume of 966,400 shares. The stock has ranged in price between $85.23-$86.85 after having opened the day at $86.79 as compared to the previous trading day's close of $86.80.

Lear Corporation designs, manufactures, assembles, and supplies automotive seating, electrical distribution systems, and related components primarily to automotive original equipment manufacturers worldwide. It operates through two segments, Seating and Electrical. Lear Corporation has a market cap of $6.8 billion and is part of the automotive industry. Shares are up 3.4% year-to-date as of the close of trading on Tuesday. Currently there are 4 analysts that rate Lear Corporation a buy, no analysts rate it a sell, and 5 rate it a hold.

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

STOCKS TO BUY: 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, Monster Beverage ( MNST) is down $0.71 (-1.0%) to $70.34 on light volume. Thus far, 334,523 shares of Monster Beverage exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $70.20-$71.22 after having opened the day at $70.94 as compared to the previous trading day's close of $71.05.

Monster Beverage Corporation, through its subsidiaries, develops, markets, sells, and distributes alternative beverage category beverages in the United States and internationally. It operates in two segments, Direct Store Delivery and Warehouse. Monster Beverage has a market cap of $11.6 billion and is part of the food & beverage industry. Shares are up 2.5% year-to-date as of the close of trading on Tuesday. Currently there are 7 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, solid stock price performance 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. Get the full Monster Beverage Ratings Report now.

STOCKS TO BUY: 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, Tyson Foods ( TSN) is down $1.38 (-3.2%) to $42.07 on heavy volume. Thus far, 3.4 million shares of Tyson Foods exchanged hands as compared to its average daily volume of 3.7 million shares. The stock has ranged in price between $41.88-$43.48 after having opened the day at $43.47 as compared to the previous trading day's close of $43.45.

Tyson Foods, Inc., together with its subsidiaries, produces, distributes, and markets chicken, beef, pork, prepared foods, and related allied products worldwide. It operates in four segments: Chicken, Beef, Pork, and Prepared Foods. Tyson Foods has a market cap of $11.9 billion and is part of the food & beverage industry. Shares are up 29.9% year-to-date as of the close of trading on Tuesday. Currently there are 4 analysts that rate Tyson Foods a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Tyson Foods as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and attractive valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Tyson Foods Ratings Report now.

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 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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