Consumer Goods Stocks On The Rise With Help From 3 Stocks

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 83 points (-0.5%) at 16,448 as of Tuesday, May 6, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,223 issues advancing vs. 1,760 declining with 164 unchanged.

The Consumer Goods sector currently sits down 0.3% versus the S&P 500, which is down 0.4%. Top gainers within the sector include Gruma SAB de CV ( GMK), up 3.0%, and Coca-Cola Femsa SAB de CV ( KOF), up 2.2%. On the negative front, top decliners within the sector include LKQ ( LKQ), down 2.4%, Mohawk Industries ( MHK), down 1.6%, Whirlpool ( WHR), down 1.4%, Xerox Corporation ( XRX), down 1.4% and Hershey ( HSY), down 1.4%.

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

3. Kellogg ( K) is one of the companies pushing the Consumer Goods sector higher today. As of noon trading, Kellogg is up $0.56 (0.9%) to $65.61 on average volume. Thus far, 1.3 million shares of Kellogg exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $65.11-$65.72 after having opened the day at $65.24 as compared to the previous trading day's close of $65.05.

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 $23.6 billion and is part of the food & beverage industry. The company has a P/E ratio of 13.3, below the S&P 500 P/E ratio of 17.7. Shares are up 6.5% year-to-date as of the close of trading on Monday. Currently there are 2 analysts who 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 notable return on equity, expanding profit margins, impressive record of earnings per share growth, increase in stock price during the past year 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 Kellogg 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, Keurig Green Mountain ( GMCR) is up $1.35 (1.4%) to $95.05 on average volume. Thus far, 1.6 million shares of Keurig Green Mountain exchanged hands as compared to its average daily volume of 4.3 million shares. The stock has ranged in price between $93.02-$96.74 after having opened the day at $93.07 as compared to the previous trading day's close of $93.70.

Keurig Green Mountain, Inc. is engaged in the specialty coffee and coffeemaker businesses in the United States and Canada. The company operates through two segments, Domestic and Canada. Keurig Green Mountain has a market cap of $13.5 billion and is part of the food & beverage industry. The company has a P/E ratio of 26.9, above the S&P 500 P/E ratio of 17.7. Shares are up 24.0% year-to-date as of the close of trading on Monday. Currently there are 6 analysts who rate Keurig Green Mountain a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Keurig Green Mountain as a buy. 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, impressive record of earnings per share growth, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Keurig Green Mountain 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, General Motors ( GM) is up $0.21 (0.6%) to $34.96 on light volume. Thus far, 5.2 million shares of General Motors exchanged hands as compared to its average daily volume of 25.7 million shares. The stock has ranged in price between $34.85-$35.14 after having opened the day at $35.07 as compared to the previous trading day's close of $34.75.

General Motors Company (GM) designs, manufactures, and markets cars, crossovers, trucks, and automobile parts worldwide. General Motors has a market cap of $56.1 billion and is part of the automotive industry. The company has a P/E ratio of 18.8, above the S&P 500 P/E ratio of 17.7. Shares are down 15.0% year-to-date as of the close of trading on Monday. Currently there are 9 analysts who rate General Motors a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates General Motors as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full General Motors 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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