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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 65 points (-0.4%) at 17,004 as of Monday, July 7, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 894 issues advancing vs. 2,148 declining with 116 unchanged.

The Consumer Goods sector currently sits down 0.8% versus the S&P 500, which is down 0.5%. A company within the sector that fell today was Xerox Corporation ( XRX), up 2.6%.

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

3. Toyota Motor ( TM) is one of the companies pushing the Consumer Goods sector lower today. As of noon trading, Toyota Motor is down $0.65 (-0.5%) to $121.08 on average volume. Thus far, 170,744 shares of Toyota Motor exchanged hands as compared to its average daily volume of 410,800 shares. The stock has ranged in price between $120.91-$121.80 after having opened the day at $121.25 as compared to the previous trading day's close of $121.73.

Toyota Motor Corporation designs, manufactures, assembles, and sells passenger cars, minivans, commercial vehicles, and related parts and accessories in Japan, North America, Europe, Asia, and internationally. It operates through Automotive, Financial Services, and All Other segments. Toyota Motor has a market cap of $192.9 billion and is part of the automotive industry. Shares are down 0.2% year-to-date as of the close of trading on Thursday. Currently there is 1 analyst that rates Toyota Motor a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Toyota Motor as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, good cash flow from operations, notable return on equity and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Toyota Motor Ratings Report now.

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