3 Consumer Goods Stocks Pushing Sector Growth

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All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 30 points (0.2%) at 16,949 as of Wednesday, Aug. 20, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,346 issues advancing vs. 1,589 declining with 185 unchanged.

The Consumer Goods sector currently sits down 0.2% versus the S&P 500, which is up 0.1%. Top gainers within the sector include Hain Celestial Group ( HAIN), up 10.8%, and Icahn ( IEP), up 1.3%. A company within the sector that fell today was Canon ( CAJ), up 0.9%.

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

3. Harley-Davidson ( HOG) is one of the companies pushing the Consumer Goods sector higher today. As of noon trading, Harley-Davidson is up $1.36 (2.2%) to $64.30 on average volume. Thus far, 1.0 million shares of Harley-Davidson exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $62.85-$64.37 after having opened the day at $62.93 as compared to the previous trading day's close of $62.94.

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Harley-Davidson, Inc. manufactures cruiser and touring motorcycles. The company operates in two segments, Motorcycles & Related Products and Financial Services. Harley-Davidson has a market cap of $13.6 billion and is part of the automotive industry. Shares are down 9.1% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts who rate Harley-Davidson a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Harley-Davidson as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Harley-Davidson Ratings Report now.

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