LO, PM And F, 3 Consumer Goods Stocks Pushing The Sector Lower

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All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 76 points (0.5%) at 16,332 as of Wednesday, April 9, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,886 issues advancing vs. 1,057 declining with 161 unchanged.

The Consumer Goods sector currently sits up 0.4% versus the S&P 500, which is up 0.5%. On the negative front, top decliners within the sector include Hershey Company ( HSY), down 2.6%, Constellation Brands ( STZ), down 2.3% and Kraft Foods Group ( KRFT), down 1.2%. Top gainers within the sector include Royal Philips ( PHG), up 1.9%, Kellogg Company ( K), up 1.8%, Canon ( CAJ), up 1.1%, Honda Motor ( HMC), up 1.0% and Altria Group ( MO), up 0.5%.

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

3. Lorillard ( LO) is one of the companies pushing the Consumer Goods sector lower today. As of noon trading, Lorillard is down $1.28 (-2.4%) to $52.41 on average volume. Thus far, 1.9 million shares of Lorillard exchanged hands as compared to its average daily volume of 3.9 million shares. The stock has ranged in price between $52.03-$53.59 after having opened the day at $53.44 as compared to the previous trading day's close of $53.69.

Lorillard, Inc., through its subsidiaries, manufactures and sells cigarettes in the United States. The company operates through two segments, Cigarettes and Electronic Cigarettes. Lorillard has a market cap of $19.3 billion and is part of the tobacco industry. Shares are up 5.9% year-to-date as of the close of trading on Tuesday. Currently there are 2 analysts that rate Lorillard a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Lorillard as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Lorillard Ratings Report now.

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