Today's Stocks Driving Success For 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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 48 points (-0.3%) at 16,864 as of Wednesday, July 30, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,073 issues advancing vs. 1,897 declining with 171 unchanged.

The Consumer Goods sector currently sits down 0.2% versus the S&P 500, which is down 0.1%. Top gainers within the sector include Xerox Corporation ( XRX), up 1.7%, and Tesla Motors ( TSLA), up 1.2%. On the negative front, top decliners within the sector include Goodyear Tire & Rubber ( GT), down 8.0%, BRF ( BRFS), down 1.8%, Coca-Cola Femsa SAB de CV ( KOF), down 1.5%, Coca-Cola ( KO), down 1.4% and PepsiCo ( PEP), down 1.2%.

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

3. Pitney Bowes ( PBI) is one of the companies pushing the Consumer Goods sector higher today. As of noon trading, Pitney Bowes is up $1.26 (4.8%) to $27.61 on heavy volume. Thus far, 2.3 million shares of Pitney Bowes exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $26.72-$27.87 after having opened the day at $26.84 as compared to the previous trading day's close of $26.35.

Pitney Bowes Inc. provides technology solutions in the United States and internationally. Pitney Bowes has a market cap of $5.5 billion and is part of the consumer durables industry. Shares are up 13.1% year-to-date as of the close of trading on Tuesday. Currently there are 2 analysts who rate Pitney Bowes a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Pitney Bowes as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, weak operating cash flow and generally higher debt management risk. Get the full Pitney Bowes Ratings Report now.

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2. As of noon trading, Energizer Holdings ( ENR) is up $4.11 (3.6%) to $119.18 on heavy volume. Thus far, 487,764 shares of Energizer Holdings exchanged hands as compared to its average daily volume of 464,200 shares. The stock has ranged in price between $114.62-$121.23 after having opened the day at $114.87 as compared to the previous trading day's close of $115.07.

Energizer Holdings, Inc. manufactures and sells primary batteries, portable lighting, and personal care products worldwide. It offers household and specialty batteries, including carbon zinc, alkaline, rechargeable, and lithium batteries. Energizer Holdings has a market cap of $7.2 billion and is part of the consumer non-durables industry. Shares are up 6.3% year-to-date as of the close of trading on Tuesday. Currently there are 7 analysts who rate Energizer Holdings a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Energizer Holdings as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Energizer Holdings 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, Nike ( NKE) is up $0.92 (1.2%) to $79.02 on average volume. Thus far, 1.9 million shares of Nike exchanged hands as compared to its average daily volume of 3.2 million shares. The stock has ranged in price between $78.28-$79.49 after having opened the day at $78.39 as compared to the previous trading day's close of $78.10.

NIKE, Inc., together with its subsidiaries, engages in the design, development, marketing, and sale of athletic footwear, apparel, equipment, and accessories, as well as in the provision of services to men, women, and kids worldwide. Nike has a market cap of $54.2 billion and is part of the consumer non-durables industry. Shares are down 0.7% year-to-date as of the close of trading on Tuesday. Currently there are 11 analysts who rate Nike a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Nike 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, notable return on equity, reasonable valuation levels and solid stock price performance. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Nike 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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