3 Stocks Underperforming Today 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 25 points (-0.1%) at 16,936 as of Monday, July 28, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,030 issues advancing vs. 1,900 declining with 205 unchanged.

The Consumer Goods sector currently sits down 0.8% versus the S&P 500, which is down 0.2%.

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

3. PepsiCo ( PEP) is one of the companies pushing the Consumer Goods sector lower today. As of noon trading, PepsiCo is down $0.73 (-0.8%) to $90.82 on average volume. Thus far, 1.5 million shares of PepsiCo exchanged hands as compared to its average daily volume of 3.9 million shares. The stock has ranged in price between $90.76-$91.80 after having opened the day at $91.60 as compared to the previous trading day's close of $91.55.

PepsiCo, Inc. operates as a food and beverage company worldwide. Its Frito-Lay North America segment offers Lay's and Ruffles potato chips, Doritos and Tostitos tortilla chips, Cheetos cheese flavored snacks, dips, Fritos corn chips, and Santitas tortilla chips. PepsiCo has a market cap of $139.3 billion and is part of the food & beverage industry. Shares are up 10.4% year-to-date as of the close of trading on Friday. Currently there are 11 analysts that rate PepsiCo a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates PepsiCo as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, growth in earnings per share, expanding profit margins and reasonable valuation levels. 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 PepsiCo 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 liked this article you might like

Natural Alternatives to Sports Drinks - Buying Guide

Uber's New Brand Chief Says the iPhone X Costs Too Much Money

Uber's New Brand Chief: Why I Took the Job and What I'm Going to Do Now

Coca-Cola Is Inching Closer to Monster Beverage Takeover

Hurricane Irma Sends People Panicking to Buy Bottled Water