3 Stocks Raising The Consumer Goods 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.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 117 points (-0.7%) at 16,295 as of Monday, April 7, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 843 issues advancing vs. 2,136 declining with 146 unchanged.

The Consumer Goods sector currently sits down 0.9% versus the S&P 500, which is down 0.8%. Top gainers within the sector include Kellogg Company ( K), up 1.9%, General Mills ( GIS), up 1.8% and Kimberly-Clark Corporation ( KMB), up 1.1%. A company within the sector that fell today was Delphi Automotive ( DLPH), up 2.5%.

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 $0.86 (1.0%) to $83.45 on average volume. Thus far, 2.6 million shares of PepsiCo exchanged hands as compared to its average daily volume of 6.0 million shares. The stock has ranged in price between $82.30-$83.47 after having opened the day at $82.37 as compared to the previous trading day's close of $82.59.

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 $127.4 billion and is part of the food & beverage industry. Shares are down 0.4% year-to-date as of the close of trading on Friday. Currently there are 9 analysts who rate PepsiCo a buy, no analysts rate it a sell, and 7 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 reasonable valuation levels. 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, Coca-Cola ( KO) is up $0.53 (1.4%) to $38.75 on average volume. Thus far, 7.3 million shares of Coca-Cola exchanged hands as compared to its average daily volume of 17.0 million shares. The stock has ranged in price between $38.26-$38.76 after having opened the day at $38.27 as compared to the previous trading day's close of $38.22.

The Coca-Cola Company, a beverage company, manufactures, markets, and sells nonalcoholic beverages worldwide. The company primarily offers sparkling beverages and still beverages. Coca-Cola has a market cap of $167.7 billion and is part of the food & beverage industry. Shares are down 7.5% year-to-date as of the close of trading on Friday. Currently there are 10 analysts who rate Coca-Cola a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Coca-Cola as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, good cash flow from operations, reasonable valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Coca-Cola 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 $0.99 (1.2%) to $80.76 on average volume. Thus far, 5.5 million shares of Procter & Gamble exchanged hands as compared to its average daily volume of 9.7 million shares. The stock has ranged in price between $79.93-$80.83 after having opened the day at $80.02 as compared to the previous trading day's close of $79.77.

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 $217.2 billion and is part of the consumer non-durables industry. Shares are down 2.0% year-to-date as of the close of trading on Friday. Currently there are 9 analysts who rate Procter & Gamble a buy, no analysts rate it a sell, and 8 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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