3 Consumer Goods Stocks On The Rise

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 14 points (-0.1%) at 16,929 as of Tuesday, June 10, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 966 issues advancing vs. 1,989 declining with 165 unchanged.

The Consumer Goods sector currently sits down 0.3% versus the S&P 500, which is down 0.2%. On the negative front, top decliners within the sector include Tyson Foods ( TSN), down 4.8%, and Kraft Foods Group ( KRFT), down 1.2%.

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

3. Molson Coors Brewing ( TAP) is one of the companies pushing the Consumer Goods sector higher today. As of noon trading, Molson Coors Brewing is up $3.79 (5.7%) to $70.90 on heavy volume. Thus far, 4.1 million shares of Molson Coors Brewing exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $67.38-$71.33 after having opened the day at $67.39 as compared to the previous trading day's close of $67.11.

Molson Coors Brewing Company manufactures and sells beer and other beverage products. Molson Coors Brewing has a market cap of $10.7 billion and is part of the food & beverage industry. Shares are up 19.5% year-to-date as of the close of trading on Monday. Currently there are 2 analysts who rate Molson Coors Brewing a buy, 2 analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Molson Coors Brewing 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, compelling growth in net income, reasonable valuation levels and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Molson Coors Brewing Ratings Report now.

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2. As of noon trading, Colgate-Palmolive ( CL) is up $0.38 (0.6%) to $68.82 on average volume. Thus far, 1.2 million shares of Colgate-Palmolive exchanged hands as compared to its average daily volume of 3.2 million shares. The stock has ranged in price between $68.27-$68.94 after having opened the day at $68.29 as compared to the previous trading day's close of $68.44.

Colgate-Palmolive Company, together with its subsidiaries, manufactures and markets consumer products worldwide. The company operates in two segments: Oral, Personal and Home Care; and Pet Nutrition. Colgate-Palmolive has a market cap of $62.3 billion and is part of the consumer non-durables industry. Shares are up 5.0% year-to-date as of the close of trading on Monday. Currently there are 5 analysts who rate Colgate-Palmolive a buy, 1 analyst rates it a sell, and 12 rate it a hold.

TheStreet Ratings rates Colgate-Palmolive as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Colgate-Palmolive 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, Altria Group ( MO) is up $0.51 (1.2%) to $42.12 on average volume. Thus far, 4.5 million shares of Altria Group exchanged hands as compared to its average daily volume of 7.2 million shares. The stock has ranged in price between $41.48-$42.13 after having opened the day at $41.54 as compared to the previous trading day's close of $41.61.

Altria Group, Inc., through its subsidiaries, manufactures and sells cigarettes, smokeless products, and wine in the United States and internationally. Altria Group has a market cap of $82.2 billion and is part of the tobacco industry. Shares are up 8.4% year-to-date as of the close of trading on Monday. Currently there are 4 analysts who rate Altria Group a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Altria Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, expanding profit margins, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Altria Group 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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