3 Consumer Goods Stocks Moving The Sector Upward

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 63 points (0.4%) at 17,115 as of Tuesday, July 22, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 2,207 issues advancing vs. 762 declining with 147 unchanged.

The Consumer Goods sector currently sits up 0.9% versus the S&P 500, which is up 0.6%. Top gainers within the sector include Mondelez International Inc Class A ( MDLZ), up 0.7%, and Altria Group ( MO), up 0.5%. On the negative front, top decliners within the sector include Kimberly-Clark ( KMB), down 2.3%, and International Paper ( IP), down 1.6%.

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

3. Herbalife ( HLF) is one of the companies pushing the Consumer Goods sector higher today. As of noon trading, Herbalife is up $6.63 (12.3%) to $60.65 on heavy volume. Thus far, 13.0 million shares of Herbalife exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $52.50-$62.41 after having opened the day at $54.29 as compared to the previous trading day's close of $54.02.

Herbalife Ltd., a nutrition company, sells weight management, healthy meals and snacks, sports and fitness, energy and targeted nutritional products, and personal care products worldwide. Herbalife has a market cap of $6.0 billion and is part of the consumer non-durables industry. Shares are down 31.4% year-to-date as of the close of trading on Monday. Currently there are 4 analysts who rate Herbalife a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Herbalife 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 Herbalife 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.

2. As of noon trading, Mead Johnson Nutrition ( MJN) is up $2.93 (3.2%) to $95.20 on heavy volume. Thus far, 1.6 million shares of Mead Johnson Nutrition exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $91.85-$96.00 after having opened the day at $92.08 as compared to the previous trading day's close of $92.27.

Mead Johnson Nutrition Company manufactures, distributes, and sells infant formulas, children's nutrition, and other nutritional products. Mead Johnson Nutrition has a market cap of $18.8 billion and is part of the food & beverage industry. Shares are up 10.2% year-to-date as of the close of trading on Monday. Currently there are 6 analysts who rate Mead Johnson Nutrition a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Mead Johnson Nutrition as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, expanding profit margins and solid stock price performance. 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 Mead Johnson Nutrition 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, General Motors ( GM) is up $0.28 (0.8%) to $37.71 on light volume. Thus far, 5.2 million shares of General Motors exchanged hands as compared to its average daily volume of 14.0 million shares. The stock has ranged in price between $37.53-$37.90 after having opened the day at $37.57 as compared to the previous trading day's close of $37.43.

General Motors Company (GM) designs, manufactures, and markets cars, crossovers, trucks, and automobile parts worldwide. General Motors has a market cap of $60.1 billion and is part of the automotive industry. Shares are down 8.4% year-to-date as of the close of trading on Monday. Currently there are 9 analysts who rate General Motors a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates General Motors as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full General Motors 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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