3 Stocks Dragging In The Food & Beverage Industry

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 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 Food & Beverage industry currently is unchanged today versus the S&P 500, which is up 0.5%.

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

3. Hershey Company ( HSY) is one of the companies pushing the Food & Beverage industry lower today. As of noon trading, Hershey Company is down $2.61 (-2.6%) to $99.11 on heavy volume. Thus far, 1.4 million shares of Hershey Company exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $98.77-$100.59 after having opened the day at $99.96 as compared to the previous trading day's close of $101.72.

The Hershey Company, together with its subsidiaries, manufactures, markets, distributes, and sells chocolate and sugar confectionery products, pantry items, and gum and mint refreshment products. Hershey Company has a market cap of $16.8 billion and is part of the consumer goods sector. Shares are up 4.6% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts that rate Hershey Company a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Hershey Company as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, expanding profit margins, good cash flow from operations and increase in stock price during the past year. 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 Hershey Company 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, Constellation Brands ( STZ) is down $1.89 (-2.3%) to $79.59 on heavy volume. Thus far, 4.2 million shares of Constellation Brands exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $77.66-$85.40 after having opened the day at $84.98 as compared to the previous trading day's close of $81.48.

Constellation Brands, Inc., together with its subsidiaries, produces and markets beverage alcohol. Constellation Brands has a market cap of $13.5 billion and is part of the consumer goods sector. Shares are up 15.8% year-to-date as of the close of trading on Tuesday. Currently there are 5 analysts that rate Constellation Brands a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates Constellation Brands as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, reasonable valuation levels, solid stock price performance and compelling growth 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 Constellation Brands 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, Kraft Foods Group ( KRFT) is down $0.70 (-1.2%) to $56.22 on average volume. Thus far, 1.9 million shares of Kraft Foods Group exchanged hands as compared to its average daily volume of 3.1 million shares. The stock has ranged in price between $56.19-$57.08 after having opened the day at $57.03 as compared to the previous trading day's close of $56.92.

Kraft Foods Group, Inc. operates as a consumer packaged food and beverage company in North America and worldwide. It operates through Beverages, Cheese, Refrigerated Meals, Meals & Desserts, Enhancers & Snack Nuts, Canada, and Other Businesses segments. Kraft Foods Group has a market cap of $34.3 billion and is part of the consumer goods sector. Shares are up 6.5% year-to-date as of the close of trading on Tuesday. Currently there are 7 analysts that rate Kraft Foods Group a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Kraft Foods Group as a hold. The company's strengths can be seen in multiple areas, such as its notable return on equity, revenue growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and weak operating cash flow. Get the full Kraft Foods Group 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 food & beverage industry could consider PowerShares Dynamic Food & Beverage ( PBJ) while those bearish on the food & beverage industry could consider PowerShares DB Agriculture Sht ETN ( ADZ).

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