Kellogg Co (K): Today's Featured Food & Beverage Laggard

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.

Kellogg ( K) pushed the Food & Beverage industry lower today making it today's featured Food & Beverage laggard. The industry as a whole closed the day down 0.4%. By the end of trading, Kellogg fell $1.46 (-2.2%) to $65.37 on heavy volume. Throughout the day, 3,635,761 shares of Kellogg exchanged hands as compared to its average daily volume of 2,311,300 shares. The stock ranged in price between $65.02-$67.24 after having opened the day at $66.67 as compared to the previous trading day's close of $66.83. Other companies within the Food & Beverage industry that declined today were: Lancaster Colony ( LANC), down 9.9%, Crumbs Bake Shop ( CRMB), down 6.6%, Bunge ( BG), down 5.4% and Boston Beer ( SAM), down 4.4%.

Kellogg Company, together with its subsidiaries, manufactures and markets ready-to-eat cereal and convenience food products primarily in the United States and the United Kingdom. The company operates through U.S. Morning Foods, U.S. Snacks, U.S. Kellogg has a market cap of $24.1 billion and is part of the consumer goods sector. The company has a P/E ratio of 12.5, below the S&P 500 P/E ratio of 17.7. Shares are up 9.4% year to date as of the close of trading on Wednesday. Currently there are 2 analysts that rate Kellogg a buy, 3 analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Kellogg as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, notable return on equity, expanding profit margins, good cash flow from operations and impressive record of earnings per share growth. 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 positive front, RiceBran Technologies ( RIBT), up 6.4%, John B Sanfilippo & Son ( JBSS), up 4.1%, Boulder Brands ( BDBD), up 3.0% and Amira Nature Foods ( ANFI), up 2.8% , were all gainers within the food & beverage industry with Constellation Brands ( STZ) being today's featured food & beverage industry leader.

For investors not wanting singular stock exposure, 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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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