3 Stocks Pushing The Consumer Goods Sector Lower

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 7 points (0.0%) at 16,563 as of Tuesday, Aug. 12, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,349 issues advancing vs. 1,605 declining with 179 unchanged.

The Consumer Goods sector currently sits down 0.2% versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the sector include Kate Spade ( KATE), down 22.6%, Flowers Foods ( FLO), down 3.9%, Michael Kors Holdings ( KORS), down 3.0%, Hanesbrands ( HBI), down 1.6% and Reynolds American ( RAI), down 1.2%. A company within the sector that increased today was Icahn ( IEP), up 1.2%.

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

3. Colgate-Palmolive ( CL) is one of the companies pushing the Consumer Goods sector lower today. As of noon trading, Colgate-Palmolive is down $0.58 (-0.9%) to $64.48 on average volume. Thus far, 1.9 million shares of Colgate-Palmolive exchanged hands as compared to its average daily volume of 2.8 million shares. The stock has ranged in price between $64.44-$64.84 after having opened the day at $64.52 as compared to the previous trading day's close of $65.06.

Colgate-Palmolive Company, together with its subsidiaries, manufactures and markets consumer products worldwide. The company operates in two segments: Oral, Personal and Home Care; and Pet Nutrition. Colgate-Palmolive has a market cap of $59.5 billion and is part of the consumer non-durables industry. Shares are down 0.2% year-to-date as of the close of trading on Monday. Currently there are 6 analysts that rate Colgate-Palmolive a buy, 1 analyst rates it a sell, and 12 rate it a hold.

TheStreet Ratings rates Colgate-Palmolive as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, good cash flow from operations, growth in earnings per share and increase in net income. 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 Colgate-Palmolive Ratings Report now.

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2. As of noon trading, PepsiCo ( PEP) is down $0.47 (-0.5%) to $91.32 on light volume. Thus far, 1.2 million shares of PepsiCo exchanged hands as compared to its average daily volume of 4.1 million shares. The stock has ranged in price between $91.02-$91.89 after having opened the day at $91.46 as compared to the previous trading day's close of $91.79.

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 $136.0 billion and is part of the food & beverage industry. Shares are up 10.7% year-to-date as of the close of trading on Monday. 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 increase in stock price during the past year. 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.

1. As of noon trading, Tesla Motors ( TSLA) is down $1.38 (-0.5%) to $257.94 on heavy volume. Thus far, 4.2 million shares of Tesla Motors exchanged hands as compared to its average daily volume of 5.6 million shares. The stock has ranged in price between $254.58-$259.88 after having opened the day at $258.08 as compared to the previous trading day's close of $259.32.

Tesla Motors, Inc. designs, develops, manufactures, and sells electric vehicles and electric vehicle powertrain components. Tesla Motors has a market cap of $30.8 billion and is part of the automotive industry. Shares are up 72.4% year-to-date as of the close of trading on Monday. Currently there are 6 analysts that 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 robust revenue growth, solid stock price performance and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally higher debt management risk and poor profit margins. Get the full Tesla Motors 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 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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