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 67 points (0.4%) at 16,436 as of Friday, Aug. 8, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,992 issues advancing vs. 961 declining with 169 unchanged. The Food & Beverage industry currently is unchanged today versus the S&P 500, which is up 0.4%. TheStreet would like to highlight 3 stocks pushing the industry higher today: 3. Monster Beverage ( MNST) is one of the companies pushing the Food & Beverage industry higher today. As of noon trading, Monster Beverage is up $3.82 (5.9%) to $68.92 on heavy volume. Thus far, 1.7 million shares of Monster Beverage exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $68.49-$71.20 after having opened the day at $69.36 as compared to the previous trading day's close of $65.10. Monster Beverage Corporation, through its subsidiaries, develops, markets, sells, and distributes alternative beverage category beverages in the United States and internationally. It operates in two segments, Direct Store Delivery and Warehouse. Monster Beverage has a market cap of $11.0 billion and is part of the consumer goods sector. Shares are down 3.9% year-to-date as of the close of trading on Thursday. Currently there are 6 analysts who rate Monster Beverage a buy, 2 analysts rate it a sell, and 2 rate it a hold. TheStreet Ratings rates Monster Beverage 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, impressive record of earnings per share growth, increase in net income and expanding profit margins. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full Monster Beverage 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.