3 Consumer Goods Stocks Nudging The Sector Higher

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 29 points (0.2%) at 17,012 as of Tuesday, July 29, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,550 issues advancing vs. 1,408 declining with 169 unchanged.

The Consumer Goods sector currently sits down 0.1% versus the S&P 500, which is up 0.1%. Top gainers within the sector include Honda Motor ( HMC), up 1.9%, Royal Philips ( PHG), up 0.8%, Ford Motor ( F), up 0.5% and Toyota Motor ( TM), up 0.6%. On the negative front, top decliners within the sector include Herbalife ( HLF), down 11.1%, Tyson Foods ( TSN), down 2.6% and Coca-Cola Femsa SAB de CV ( KOF), down 0.8%.

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

3. Keurig Green Mountain ( GMCR) is one of the companies pushing the Consumer Goods sector higher today. As of noon trading, Keurig Green Mountain is up $2.01 (1.7%) to $121.96 on light volume. Thus far, 722,133 shares of Keurig Green Mountain exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $120.00-$124.23 after having opened the day at $120.00 as compared to the previous trading day's close of $119.95.

Keurig Green Mountain, Inc. is engaged in the specialty coffee and coffeemaker businesses in the United States and Canada. The company operates through two segments, Domestic and Canada. Keurig Green Mountain has a market cap of $19.6 billion and is part of the food & beverage industry. Shares are up 58.8% year-to-date as of the close of trading on Monday. Currently there are 5 analysts who rate Keurig Green Mountain a buy, 1 analyst rates it a sell, and 6 rate it a hold.

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

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2. As of noon trading, Philip Morris International ( PM) is up $0.65 (0.8%) to $85.13 on light volume. Thus far, 1.2 million shares of Philip Morris International exchanged hands as compared to its average daily volume of 4.5 million shares. The stock has ranged in price between $84.50-$85.21 after having opened the day at $84.50 as compared to the previous trading day's close of $84.48.

Philip Morris International Inc., through its subsidiaries, manufactures and sells cigarettes and other tobacco products. The company's portfolio of brands include Marlboro, Merit, Parliament, Virginia Slims, L&M, Chesterfield, Bond Street, Lark, Muratti, Next, Philip Morris, and Red & White. Philip Morris International has a market cap of $133.5 billion and is part of the tobacco industry. Shares are down 3.0% year-to-date as of the close of trading on Monday. Currently there are 9 analysts who rate Philip Morris International a buy, 2 analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Philip Morris International as a hold. Among the primary strengths of the company is its expanding profit margins over time. At the same time, however, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and feeble growth in the company's earnings per share. Get the full Philip Morris International 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, Tesla Motors ( TSLA) is up $1.66 (0.7%) to $226.48 on light volume. Thus far, 1.8 million shares of Tesla Motors exchanged hands as compared to its average daily volume of 5.7 million shares. The stock has ranged in price between $224.86-$228.30 after having opened the day at $226.61 as compared to the previous trading day's close of $224.82.

Tesla Motors, Inc. designs, develops, manufactures, and sells electric vehicles and electric vehicle powertrain components. Tesla Motors has a market cap of $27.7 billion and is part of the automotive industry. Shares are up 49.5% year-to-date as of the close of trading on Monday. Currently there are 5 analysts who rate Tesla Motors a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Tesla Motors as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and poor profit margins. Get the full Tesla 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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