3 Consumer Goods Stocks On The Rise

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 86 points (-0.5%) at 16,084 as of Friday, April 11, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,014 issues advancing vs. 1,941 declining with 158 unchanged.

The Consumer Goods sector currently sits down 0.7% versus the S&P 500, which is down 0.3%. Top gainers within the sector include Toyota Motor ( TM), up 1.9%, and Ford Motor ( F), up 1.2%. On the negative front, top decliners within the sector include Mead Johnson Nutrition Company ( MJN), down 2.1%, Coca-Cola Femsa S.A.B. de C.V ( KOF), down 1.8% and Philip Morris International ( PM), down 0.7%.

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

3. Canon ( CAJ) is one of the companies pushing the Consumer Goods sector higher today. As of noon trading, Canon is up $0.34 (1.1%) to $30.96 on light volume. Thus far, 118,006 shares of Canon exchanged hands as compared to its average daily volume of 322,100 shares. The stock has ranged in price between $30.74-$30.97 after having opened the day at $30.89 as compared to the previous trading day's close of $30.62.

Canon Inc. manufactures and sells office multifunction devices (MFDs), plain paper copying machines, laser printers, inkjet printers, cameras, and lithography equipment. Canon has a market cap of $35.4 billion and is part of the consumer durables industry. Shares are down 4.3% year-to-date as of the close of trading on Thursday. Currently there are 3 analysts who rate Canon a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Canon as a hold. 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 and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and disappointing return on equity. Get the full Canon 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.

2. As of noon trading, Honda Motor ( HMC) is up $0.50 (1.5%) to $33.82 on heavy volume. Thus far, 758,738 shares of Honda Motor exchanged hands as compared to its average daily volume of 746,700 shares. The stock has ranged in price between $33.70-$34.03 after having opened the day at $33.83 as compared to the previous trading day's close of $33.32.

Honda Motor Co., Ltd. engages in the manufacture and sale of motorcycles, automobiles, and power products. It operates through four segments: Motorcycle Business, Automobile Business, Financial Services Business, and Power Product and Other Businesses. Honda Motor has a market cap of $61.6 billion and is part of the automotive industry. Shares are down 19.4% year-to-date as of the close of trading on Thursday. Currently there are 3 analysts who rate Honda Motor a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Honda Motor as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, largely solid financial position with reasonable debt levels by most measures, notable return on equity and increase in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Honda Motor 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, BRF ( BRFS) is up $0.38 (1.8%) to $21.98 on average volume. Thus far, 1.1 million shares of BRF exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $21.29-$22.02 after having opened the day at $21.31 as compared to the previous trading day's close of $21.60.

BRF S.A., together with its subsidiaries, is engaged in raising, producing, and slaughtering poultry, pork, and beef in Brazil. It operates in four segments: Domestic Market, Foreign Market, Dairy Products, and Food Service. BRF has a market cap of $18.9 billion and is part of the food & beverage industry. Shares are up 3.5% year-to-date as of the close of trading on Thursday. Currently there are 2 analysts who rate BRF a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates BRF as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, unimpressive growth in net income and poor profit margins. Get the full BRF 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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