3 Consumer Goods Stocks Dragging The Sector Down

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 29 points (-0.2%) at 16,918 as of Monday, June 23, 2014, 1:00 PM ET. The NYSE advances/declines ratio sits at 1,480 issues advancing vs. 1,509 declining with 147 unchanged.

The Consumer Goods sector currently sits down 0.2% versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the sector include Kellogg ( K), down 1.5%, Honda Motor ( HMC), down 1.5%, PepsiCo ( PEP), down 1.2%, Toyota Motor Corp ADR ( TM), down 1.1% and Mondelez International Inc Class A ( MDLZ), down 0.9%.

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

3. Lorillard ( LO) is one of the companies pushing the Consumer Goods sector lower today. As of noon trading, Lorillard is down $1.15 (-1.8%) to $64.03 on average volume. Thus far, 1.1 million shares of Lorillard exchanged hands as compared to its average daily volume of 3.0 million shares. The stock has ranged in price between $63.81-$65.05 after having opened the day at $65.00 as compared to the previous trading day's close of $65.18.

Lorillard, Inc., through its subsidiaries, manufactures and sells cigarettes in the United States. The company operates through two segments, Cigarettes and Electronic Cigarettes. Lorillard has a market cap of $23.3 billion and is part of the tobacco industry. Shares are up 28.6% year-to-date as of the close of trading on Friday. Currently there are 2 analysts that rate Lorillard a buy, 1 analyst rates it a sell, and 3 rate it a hold.

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

STOCKS TO BUY: 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, Altria Group ( MO) is down $0.40 (-0.9%) to $42.72 on light volume. Thus far, 2.5 million shares of Altria Group exchanged hands as compared to its average daily volume of 7.3 million shares. The stock has ranged in price between $42.69-$43.02 after having opened the day at $43.01 as compared to the previous trading day's close of $43.12.

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 $85.6 billion and is part of the tobacco industry. Shares are up 12.3% year-to-date as of the close of trading on Friday. Currently there are 4 analysts that 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, solid stock price performance 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.

STOCKS TO BUY: 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, Procter & Gamble ( PG) is down $0.53 (-0.7%) to $79.40 on average volume. Thus far, 2.9 million shares of Procter & Gamble exchanged hands as compared to its average daily volume of 7.5 million shares. The stock has ranged in price between $79.37-$80.06 after having opened the day at $80.06 as compared to the previous trading day's close of $79.93.

The Procter & Gamble Company, together with its subsidiaries, manufactures and sells branded consumer packaged goods. The company operates through five segments: Beauty, Grooming, Health Care, Fabric Care and Home Care, and Baby Care and Family Care. Procter & Gamble has a market cap of $217.1 billion and is part of the consumer non-durables industry. Shares are down 1.8% year-to-date as of the close of trading on Friday. Currently there are 10 analysts that rate Procter & Gamble a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Procter & Gamble as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, growth in earnings per share, increase in net income, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Procter & Gamble Ratings Report now.

STOCKS TO BUY: 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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