3 Stocks Dragging In The Consumer Goods Sector

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%. On the negative front, top decliners within the sector include Coca-Cola ( KO), down 0.6%, and PepsiCo ( PEP), down 0.6%. 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%.

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

3. Reynolds American ( RAI) is one of the companies pushing the Consumer Goods sector lower today. As of noon trading, Reynolds American is down $0.69 (-1.1%) to $59.08 on heavy volume. Thus far, 2.4 million shares of Reynolds American exchanged hands as compared to its average daily volume of 2.9 million shares. The stock has ranged in price between $58.13-$59.64 after having opened the day at $58.34 as compared to the previous trading day's close of $59.77.

Reynolds American Inc., together with its subsidiaries, manufactures and sells cigarette and other tobacco products in the United States. The company operates through RJR Tobacco, American Snuff, and Santa Fe segments. Reynolds American has a market cap of $30.7 billion and is part of the tobacco industry. Shares are up 19.6% year-to-date as of the close of trading on Wednesday. Currently there is 1 analyst that rates Reynolds American a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates Reynolds American as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Reynolds American Ratings Report now.

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