3 Consumer Goods Stocks Pushing Sector Growth

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.

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 16 points (0.1%) at 16,733 as of Monday, June 2, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,394 issues advancing vs. 1,564 declining with 187 unchanged.

The Consumer Goods sector currently sits down 0.5% versus the S&P 500, which is unchanged. Top gainers within the sector include Coca-Cola HBC ( CCH), up 3.2%, Tyson Foods ( TSN), up 1.8% and Toyota Motor Corp ADR ( TM), up 0.6%. On the negative front, top decliners within the sector include Icahn ( IEP), down 3.7%, and Kraft Foods Group ( KRFT), down 0.8%.

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

3. MeadWestvaco ( MWV) is one of the companies pushing the Consumer Goods sector higher today. As of noon trading, MeadWestvaco is up $1.83 (4.5%) to $42.41 on heavy volume. Thus far, 1.7 million shares of MeadWestvaco exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $41.90-$42.62 after having opened the day at $42.49 as compared to the previous trading day's close of $40.58.

MeadWestvaco Corporation provides packaging solutions to healthcare, beauty and personal care, food, beverage, home and garden, tobacco, and agricultural industries worldwide. MeadWestvaco has a market cap of $6.8 billion and is part of the consumer non-durables industry. Shares are up 9.9% year-to-date as of the close of trading on Friday. Currently there are 2 analysts who rate MeadWestvaco a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates MeadWestvaco as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, impressive record of earnings per share growth, compelling growth in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full MeadWestvaco Ratings Report now.

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2. As of noon trading, VF ( VFC) is up $0.40 (0.6%) to $63.42 on light volume. Thus far, 391,803 shares of VF exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $62.82-$63.58 after having opened the day at $63.12 as compared to the previous trading day's close of $63.02.

V.F. Corporation designs, manufactures, or sources from independent contractors various apparel and footwear products primarily in the United States and Europe. VF has a market cap of $27.0 billion and is part of the consumer non-durables industry. Shares are up 1.1% year-to-date as of the close of trading on Friday. Currently there are 15 analysts who rate VF a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates VF 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, reasonable valuation levels, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full VF 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, Mondelez International ( MDLZ) is up $0.20 (0.5%) to $37.82 on light volume. Thus far, 2.1 million shares of Mondelez International exchanged hands as compared to its average daily volume of 9.0 million shares. The stock has ranged in price between $37.44-$37.83 after having opened the day at $37.54 as compared to the previous trading day's close of $37.62.

Mondelez International, Inc., through its subsidiaries, manufactures and markets snack food and beverage products worldwide. Mondelez International has a market cap of $63.4 billion and is part of the food & beverage industry. Shares are up 6.6% year-to-date as of the close of trading on Friday. Currently there are 8 analysts who rate Mondelez International a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Mondelez International 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, expanding profit margins, notable return on equity 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 Mondelez International 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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