Today's Top Performers In Consumer Goods

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 87 points (0.5%) at 16,606 as of Thursday, May 8, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,938 issues advancing vs. 1,065 declining with 159 unchanged.

The Consumer Goods sector currently sits up 0.2% versus the S&P 500, which is up 0.5%. Top gainers within the sector include Keurig Green Mountain ( GMCR), up 16.4%, Ford Motor ( F), up 3.0%, Canon ( CAJ), up 2.1% and General Motors ( GM), up 0.7%. A company within the sector that fell today was Tesla Motors ( TSLA), up 7.3%.

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

3. Johnson Controls ( JCI) is one of the companies pushing the Consumer Goods sector higher today. As of noon trading, Johnson Controls is up $0.86 (1.9%) to $45.30 on light volume. Thus far, 1.3 million shares of Johnson Controls exchanged hands as compared to its average daily volume of 3.8 million shares. The stock has ranged in price between $44.32-$45.34 after having opened the day at $44.47 as compared to the previous trading day's close of $44.44.

Johnson Controls, Inc. is engaged in building efficiency, automotive experience, and power solutions businesses worldwide. Johnson Controls has a market cap of $29.3 billion and is part of the automotive industry. Shares are down 13.4% year-to-date as of the close of trading on Wednesday. Currently there are 7 analysts who rate Johnson Controls a buy, 1 analyst rates it a sell, and 10 rate it a hold.

TheStreet Ratings rates Johnson Controls as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, good cash flow from operations, solid stock price performance and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Johnson Controls 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, Nike ( NKE) is up $1.05 (1.4%) to $73.23 on average volume. Thus far, 1.5 million shares of Nike exchanged hands as compared to its average daily volume of 3.8 million shares. The stock has ranged in price between $72.25-$73.35 after having opened the day at $72.34 as compared to the previous trading day's close of $72.18.

NIKE, Inc., together with its subsidiaries, engages in the design, development, marketing, and sale of athletic footwear, apparel, equipment, and accessories, as well as in the provision of services to men, women, and kids worldwide. Nike has a market cap of $50.6 billion and is part of the consumer non-durables industry. Shares are down 8.2% year-to-date as of the close of trading on Wednesday. Currently there are 12 analysts who rate Nike a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Nike 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, notable return on equity, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Nike 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, Apple ( AAPL) is up $3.24 (0.6%) to $592.28 on average volume. Thus far, 4.5 million shares of Apple exchanged hands as compared to its average daily volume of 9.9 million shares. The stock has ranged in price between $588.25-$595.32 after having opened the day at $588.25 as compared to the previous trading day's close of $589.04.

Apple Inc. and its wholly-owned subsidiaries design, manufacture, and market mobile communication and media devices, personal computers, and portable digital music players worldwide. Apple has a market cap of $512.0 billion and is part of the consumer durables industry. Shares are up 5.6% year-to-date as of the close of trading on Wednesday. Currently there are 29 analysts who rate Apple a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Apple 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, notable return on equity, expanding profit margins and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Apple 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).

null

More from Markets

GE Beats Earnings Estimates and 4 Other Stories You Must Know Friday Morning

GE Beats Earnings Estimates and 4 Other Stories You Must Know Friday Morning

General Electric, Honeywell, Wells Fargo and Qualcomm - 5 Things You Must Know

General Electric, Honeywell, Wells Fargo and Qualcomm - 5 Things You Must Know

Oil Slips From Three-Year Peak After Trump Tweets Anger at OPEC

Oil Slips From Three-Year Peak After Trump Tweets Anger at OPEC

Global Stocks Hit by Asia Tech Weakness, Oil Price Rally; U.S. Futures Slip

Global Stocks Hit by Asia Tech Weakness, Oil Price Rally; U.S. Futures Slip

Ericsson Rockets After Solid Q1 Following Cevian Push to Accelerate Turnaround

Ericsson Rockets After Solid Q1 Following Cevian Push to Accelerate Turnaround