Food & Beverage Stocks On The Rise With Help From 3 Stocks

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All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 59 points (-0.4%) at 16,657 as of Wednesday, May 14, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,380 issues advancing vs. 1,556 declining with 176 unchanged.

The Food & Beverage industry currently sits down 0.3% versus the S&P 500, which is down 0.2%. A company within the industry that increased today was Monster Beverage ( MNST), up 0.9%. A company within the industry that fell today was Gruma SAB de CV ( GMK), up 2.7%.

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

3. BRF ( BRFS) is one of the companies pushing the Food & Beverage industry higher today. As of noon trading, BRF is up $0.22 (0.9%) to $23.74 on light volume. Thus far, 611,993 shares of BRF exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $23.46-$23.77 after having opened the day at $23.54 as compared to the previous trading day's close of $23.52.

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 $20.7 billion and is part of the consumer goods sector. Shares are up 12.7% year-to-date as of the close of trading on Tuesday. 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 buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. 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.

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