PepsiCo Inc (PEP): Today's Featured Consumer Goods Winner

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.

PepsiCo ( PEP) pushed the Consumer Goods sector higher today making it today's featured consumer goods winner. The sector as a whole closed the day down 1.3%. By the end of trading, PepsiCo rose $1.32 (1.6%) to $83.91 on average volume. Throughout the day, 8,826,518 shares of PepsiCo exchanged hands as compared to its average daily volume of 5,990,300 shares. The stock ranged in a price between $82.30-$84.23 after having opened the day at $82.37 as compared to the previous trading day's close of $82.59. Other companies within the Consumer Goods sector that increased today were: Cresud ( CRESY), up 10.7%, Supreme Industries ( STS), up 8.0%, B&G Foods ( BGS), up 6.0% and Tredegar Corporation ( TG), up 4.8%.

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 that 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.

On the negative front, Coldwater Creek ( CWTR), down 12.8%, Crumbs Bake Shop ( CRMB), down 11.1%, China New Borun Corporation ( BORN), down 9.8% and EveryWare Global ( EVRY), down 8.9% , were all laggards within the consumer goods sector with Nu Skin ( NUS) being today's consumer goods sector laggard.

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).

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 liked this article you might like

Buy Stocks That Are Right for You: Cramer's 'Mad Money' Recap (Friday 2/16/18)

Buy Stocks That Are Right for You: Cramer's 'Mad Money' Recap (Friday 2/16/18)

Coca-Cola CEO: Here's How We Are Thinking About Acquisitions

Coca-Cola CEO: Here's How We Are Thinking About Acquisitions

Week in Review: Stock Market Stages Bold Comeback In Spite of Rising Bond Yields

Week in Review: Stock Market Stages Bold Comeback In Spite of Rising Bond Yields

Video: Jim Cramer Reacts to Coca-Cola's Earnings

Video: Jim Cramer Reacts to Coca-Cola's Earnings

Stock Markets Are Booming Again but Panties Prices Continue to Plunge

Stock Markets Are Booming Again but Panties Prices Continue to Plunge