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.

2. As of noon trading, Monster Beverage ( MNST) is up $19.63 (27.4%) to $91.28 on heavy volume. Thus far, 15.3 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 $90.03-$94.93 after having opened the day at $92.44 as compared to the previous trading day's close of $71.65.

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

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 $11.9 billion and is part of the food & beverage industry. Shares are up 5.0% year-to-date as of the close of trading on Thursday. Currently there are 6 analysts who rate Monster Beverage a buy, 1 analyst rates it a sell, and 3 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, compelling growth 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.

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, Coca-Cola ( KO) is up $0.70 (1.7%) to $40.88 on heavy volume. Thus far, 15.4 million shares of Coca-Cola exchanged hands as compared to its average daily volume of 12.5 million shares. The stock has ranged in price between $40.66-$41.15 after having opened the day at $40.81 as compared to the previous trading day's close of $40.18.

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

The Coca-Cola Company, a beverage company, manufactures and distributes coke, diet coke, and other soft drinks worldwide. The company primarily offers nonalcoholic beverages, including sparkling beverages and still beverages. Coca-Cola has a market cap of $175.2 billion and is part of the food & beverage industry. Shares are down 3.3% year-to-date as of the close of trading on Thursday. Currently there are 9 analysts who rate Coca-Cola a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Coca-Cola as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, reasonable valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Coca-Cola 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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