3 Stocks Advancing The Food & Beverage Industry

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 16,738 as of Wednesday, June 4, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,399 issues advancing vs. 1,611 declining with 145 unchanged.

The Food & Beverage industry currently is unchanged today versus the S&P 500, which is up 0.1%.

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

3. Coca-Cola ( CCE) is one of the companies pushing the Food & Beverage industry higher today. As of noon trading, Coca-Cola is up $0.50 (1.1%) to $45.92 on light volume. Thus far, 550,440 shares of Coca-Cola exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $45.46-$46.03 after having opened the day at $45.46 as compared to the previous trading day's close of $45.42.

Coca-Cola Enterprises, Inc. produces, distributes, and markets nonalcoholic beverages. It provides still and sparkling waters, flavored waters, juice and juice drinks, sports drinks, energy drinks, teas, and coffees. Coca-Cola has a market cap of $11.5 billion and is part of the consumer goods sector. Shares are up 3.5% year-to-date as of the close of trading on Tuesday. Currently there are 3 analysts who rate Coca-Cola a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates Coca-Cola as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, increase in net income, revenue growth and notable return on equity. 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 Coca-Cola Ratings Report now.

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2. As of noon trading, Hershey ( HSY) is up $0.75 (0.8%) to $97.04 on light volume. Thus far, 394,150 shares of Hershey exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $95.92-$97.16 after having opened the day at $96.33 as compared to the previous trading day's close of $96.29.

The Hershey Company, together with its subsidiaries, manufactures, markets, distributes, and sells chocolate and sugar confectionery products, pantry items, and gum and mint refreshment products. Hershey has a market cap of $15.7 billion and is part of the consumer goods sector. Shares are down 1.0% year-to-date as of the close of trading on Tuesday. Currently there are 4 analysts who rate Hershey a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Hershey as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, growth in earnings per share, increase in net income and notable return on equity. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full Hershey 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, Keurig Green Mountain ( GMCR) is up $1.05 (0.9%) to $113.70 on light volume. Thus far, 460,693 shares of Keurig Green Mountain exchanged hands as compared to its average daily volume of 3.1 million shares. The stock has ranged in price between $112.26-$113.93 after having opened the day at $112.45 as compared to the previous trading day's close of $112.65.

Keurig Green Mountain, Inc. is engaged in the specialty coffee and coffeemaker businesses in the United States and Canada. The company operates through two segments, Domestic and Canada. Keurig Green Mountain has a market cap of $18.5 billion and is part of the consumer goods sector. Shares are up 49.1% year-to-date as of the close of trading on Tuesday. Currently there are 5 analysts who rate Keurig Green Mountain a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Keurig Green Mountain 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, expanding profit margins, good cash flow from operations and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Keurig Green Mountain 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).

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