Food & Beverage 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 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.

2. As of noon trading, Whitewave Foods Company ( WWAV) is up $0.61 (2.0%) to $31.20 on heavy volume. Thus far, 1.3 million shares of Whitewave Foods Company exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $30.58-$31.30 after having opened the day at $30.64 as compared to the previous trading day's close of $30.59.

The WhiteWave Foods Company, a consumer packaged food and beverage company, manufactures, markets, distributes, and sells branded plant-based foods and beverages, coffee creamers and beverages, dairy, and organic greens and produce products in North America and Europe. Whitewave Foods Company has a market cap of $5.2 billion and is part of the consumer goods sector. Shares are up 33.4% year-to-date as of the close of trading on Tuesday. Currently there are 9 analysts who rate Whitewave Foods Company a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Whitewave Foods Company as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet. Get the full Whitewave Foods Company 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, ConAgra Foods ( CAG) is up $0.24 (0.8%) to $31.43 on light volume. Thus far, 763,999 shares of ConAgra Foods exchanged hands as compared to its average daily volume of 3.2 million shares. The stock has ranged in price between $31.15-$31.48 after having opened the day at $31.23 as compared to the previous trading day's close of $31.19.

ConAgra Foods, Inc. operates as a food company primarily in North America. The company operates through four segments: Consumer Foods, Commercial Foods, Ralcorp Food Group, and Ralcorp Frozen Bakery Products. ConAgra Foods has a market cap of $13.0 billion and is part of the consumer goods sector. Shares are down 7.5% year-to-date as of the close of trading on Tuesday. Currently there are 4 analysts who rate ConAgra Foods a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates ConAgra Foods as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, attractive valuation levels and good cash flow from operations. 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 ConAgra Foods 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 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).

null

More from Markets

Apple and GE Switch Roles; Musk's Super Control of Tesla Explained -- ICYMI

Apple and GE Switch Roles; Musk's Super Control of Tesla Explained -- ICYMI

Trump May Be More to Blame For Higher Oil Prices Than OPEC

Trump May Be More to Blame For Higher Oil Prices Than OPEC

Dow Falls Over 200 Points as Apple's Slump Offsets Gains in General Electric

Dow Falls Over 200 Points as Apple's Slump Offsets Gains in General Electric

Week Ahead: Major Earnings on Tap as Wall Street Readies for Geopolitical Moves

Week Ahead: Major Earnings on Tap as Wall Street Readies for Geopolitical Moves

3 Hot Reads From TheStreet's Top Premium Columnists

3 Hot Reads From TheStreet's Top Premium Columnists