3 Stocks Advancing 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.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 79 points (-0.5%) at 16,635 as of Friday, Aug. 15, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,072 issues advancing vs. 1,895 declining with 174 unchanged.

The Consumer Goods sector currently sits down 0.5% versus the S&P 500, which is down 0.3%. On the negative front, top decliners within the sector include Toyota Motor ( TM), down 1.0%, Ford Motor ( F), down 0.9%, Nike ( NKE), down 0.7% and Colgate-Palmolive ( CL), down 0.6%.

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

3. Sony ( SNE) is one of the companies pushing the Consumer Goods sector higher today. As of noon trading, Sony is up $0.25 (1.4%) to $18.32 on average volume. Thus far, 1.7 million shares of Sony exchanged hands as compared to its average daily volume of 2.5 million shares. The stock has ranged in price between $18.21-$18.37 after having opened the day at $18.29 as compared to the previous trading day's close of $18.07.

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

Sony Corporation designs, develops, manufactures, and sells electronic equipment, instruments, and devices for consumer, professional, and industrial markets worldwide. Sony has a market cap of $18.7 billion and is part of the consumer durables industry. Shares are up 3.8% year-to-date as of the close of trading on Thursday. Currently there are 3 analysts who rate Sony a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Sony as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and a generally disappointing performance in the stock itself. Get the full Sony 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 liked this article you might like

Microsoft's New Xbox One X Shows It's Done Trying to Please Everyone

Cord Cutters Aren't Just Leaving Pay-TV Because of Price

How Facebook Is Trying to Avoid a Public Relations Disaster with Songwriters

These Apple iPhone Supplier Stocks Are Ones You Must Own Now: Goldman Sachs

Apple iPhone X Is Being Stalked By This Chinese 'Killer'