3 Consumer Goods Stocks Moving The Sector Upward

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 16 points (0.1%) at 16,549 as of Thursday, May 22, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 2,112 issues advancing vs. 834 declining with 184 unchanged.

The Consumer Goods sector currently sits up 0.1% versus the S&P 500, which is up 0.4%. Top gainers within the sector include Tesla Motors ( TSLA), up 2.9%, Toyota Motor Corp ADR ( TM), up 1.6%, Ford Motor ( F), up 0.6%, Nike ( NKE), up 0.6% and Philip Morris International ( PM), up 0.5%. On the negative front, top decliners within the sector include Coca-Cola ( KO), down 0.6%, and PepsiCo ( PEP), down 0.6%.

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

3. Honda Motor ( HMC) is one of the companies pushing the Consumer Goods sector higher today. As of noon trading, Honda Motor is up $0.31 (0.9%) to $34.25 on average volume. Thus far, 557,892 shares of Honda Motor exchanged hands as compared to its average daily volume of 934,000 shares. The stock has ranged in price between $34.07-$34.32 after having opened the day at $34.10 as compared to the previous trading day's close of $33.94.

Honda Motor Co., Ltd. engages in the manufacture and sale of motorcycles, automobiles, and power products. It operates through four segments: Motorcycle Business, Automobile Business, Financial Services Business, and Power Product and Other Businesses. Honda Motor has a market cap of $60.6 billion and is part of the automotive industry. Shares are down 17.9% year-to-date as of the close of trading on Wednesday. Currently there are 3 analysts who rate Honda Motor a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Honda Motor as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and poor profit margins. Get the full Honda Motor 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, Sony ( SNE) is up $0.26 (1.6%) to $16.30 on average volume. Thus far, 881,670 shares of Sony exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $16.18-$16.37 after having opened the day at $16.33 as compared to the previous trading day's close of $16.05.

Sony Corporation designs, develops, manufactures, and sells electronic equipment, instruments, and devices for consumer, professional, and industrial markets worldwide. Sony has a market cap of $16.6 billion and is part of the consumer durables industry. Shares are down 7.2% year-to-date as of the close of trading on Wednesday. Currently there are 3 analysts who rate Sony a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Sony as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and revenue growth. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and poor profit margins. Get the full Sony 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, BRF ( BRFS) is up $0.39 (1.7%) to $22.87 on light volume. Thus far, 571,821 shares of BRF exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $22.55-$22.92 after having opened the day at $22.73 as compared to the previous trading day's close of $22.48.

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 $19.7 billion and is part of the food & beverage industry. Shares are up 7.7% year-to-date as of the close of trading on Wednesday. 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.

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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