3 Stocks Pulling The Consumer Goods Sector Downward

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All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 32 points (-0.2%) at 17,036 as of Thursday, Sept. 11, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,537 issues advancing vs. 1,470 declining with 140 unchanged.

The Consumer Goods sector currently sits up 0.1% versus the S&P 500, which is down 0.1%. A company within the sector that increased today was Colgate-Palmolive ( CL), up 0.6%.

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

3. Royal Philips ( PHG) is one of the companies pushing the Consumer Goods sector lower today. As of noon trading, Royal Philips is down $0.37 (-1.2%) to $30.26 on light volume. Thus far, 236,594 shares of Royal Philips exchanged hands as compared to its average daily volume of 725,700 shares. The stock has ranged in price between $30.09-$30.29 after having opened the day at $30.14 as compared to the previous trading day's close of $30.63.

Koninklijke Philips N.V. is engaged in healthcare, consumer lifestyle, and lighting businesses worldwide. Royal Philips has a market cap of $28.2 billion and is part of the consumer durables industry. Shares are down 17.1% year-to-date as of the close of trading on Wednesday. Currently there is 1 analyst that rates Royal Philips a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Royal Philips as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Royal Philips 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, Altria Group ( MO) is down $0.27 (-0.6%) to $43.07 on average volume. Thus far, 3.4 million shares of Altria Group exchanged hands as compared to its average daily volume of 6.3 million shares. The stock has ranged in price between $42.92-$43.47 after having opened the day at $43.32 as compared to the previous trading day's close of $43.34.

Altria Group, Inc., through its subsidiaries, manufactures and sells cigarettes, smokeless products, and wine in the United States and internationally. Altria Group has a market cap of $86.6 billion and is part of the tobacco industry. Shares are up 14.2% year-to-date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Altria Group a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Altria Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, growth in earnings per share, solid stock price performance and notable return on equity. 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 Altria Group 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, Nike ( NKE) is down $0.70 (-0.8%) to $81.77 on average volume. Thus far, 1.8 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 $81.73-$82.59 after having opened the day at $82.16 as compared to the previous trading day's close of $82.47.

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 $56.5 billion and is part of the consumer non-durables industry. Shares are up 4.9% year-to-date as of the close of trading on Wednesday. Currently there are 11 analysts that 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, solid stock price performance and growth in earnings per share. 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.

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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