3 Consumer Non-Durables Stocks Driving The Industry 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 92 points (0.6%) at 16,652 as of Wednesday, Aug. 13, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 2,209 issues advancing vs. 757 declining with 152 unchanged.

The Consumer Non-Durables industry currently sits down 0.2% versus the S&P 500, which is up 0.6%. A company within the industry that increased today was Kate Spade ( KATE), up 7.9%. A company within the industry that fell today was International Paper ( IP), up 0.8%.

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

3. Kimberly-Clark ( KMB) is one of the companies pushing the Consumer Non-Durables industry higher today. As of noon trading, Kimberly-Clark is up $0.68 (0.6%) to $108.30 on average volume. Thus far, 572,626 shares of Kimberly-Clark exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $107.69-$108.60 after having opened the day at $108.11 as compared to the previous trading day's close of $107.62.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care, consumer tissue, and health care products worldwide. It operates through four segments: Personal Care, Consumer Tissue, K-C Professional, and Health Care. Kimberly-Clark has a market cap of $40.4 billion and is part of the consumer goods sector. Shares are up 3.0% year-to-date as of the close of trading on Tuesday. Currently there are no analysts who rate Kimberly-Clark a buy, 1 analyst rates it a sell, and 9 rate it a hold.

TheStreet Ratings rates Kimberly-Clark as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, good cash flow from operations, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Kimberly-Clark 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.

2. As of noon trading, Nike ( NKE) is up $0.54 (0.7%) to $77.27 on average volume. Thus far, 1.7 million shares of Nike exchanged hands as compared to its average daily volume of 3.3 million shares. The stock has ranged in price between $76.54-$77.79 after having opened the day at $77.08 as compared to the previous trading day's close of $76.73.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories for men, women, and kids worldwide. Nike has a market cap of $53.2 billion and is part of the consumer goods sector. Shares are down 2.4% 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 expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Nike 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, Michael Kors Holdings ( KORS) is up $0.81 (1.1%) to $78.25 on light volume. Thus far, 1.4 million shares of Michael Kors Holdings exchanged hands as compared to its average daily volume of 3.9 million shares. The stock has ranged in price between $77.48-$78.42 after having opened the day at $78.08 as compared to the previous trading day's close of $77.44.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Michael Kors Holdings Limited is engaged in the design, marketing, distribution, and retailing of branded women's apparel and accessories, and men's apparel. The company operates in three segments: Retail, Wholesale, and Licensing. Michael Kors Holdings has a market cap of $16.4 billion and is part of the consumer goods sector. Shares are down 4.6% year-to-date as of the close of trading on Tuesday. Currently there are 8 analysts who rate Michael Kors Holdings a buy, 2 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Michael Kors Holdings as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Michael Kors Holdings 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 non-durables industry could consider Consumer Staples Select Sector SPDR ( XLP) while those bearish on the consumer non-durables industry could consider ProShares Ultra Sht Consumer Goods ( SZK).

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