3 Consumer Goods Stocks Moving The Sector Upward

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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.

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