3 Consumer Goods Stocks Pushing The Sector 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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 72 points (-0.4%) at 17,208 as of Monday, Sept. 22, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 456 issues advancing vs. 2,548 declining with 145 unchanged.

The Consumer Goods sector currently sits down 1.2% versus the S&P 500, which is down 0.8%. Top gainers within the sector include Canon ( CAJ), up 1.1%, International Paper ( IP), up 0.9%, Colgate-Palmolive ( CL), up 0.9%, Kimberly-Clark ( KMB), up 0.7% and Procter & Gamble ( PG), up 0.6%. On the negative front, top decliners within the sector include Xerox Corporation ( XRX), down 3.0%, Michael Kors Holdings ( KORS), down 3.0%, BRF ( BRFS), down 3.0%, Mattel ( MAT), down 2.8% and Icahn ( IEP), down 2.3%.

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

3. Reynolds American ( RAI) is one of the companies pushing the Consumer Goods sector higher today. As of noon trading, Reynolds American is up $0.42 (0.7%) to $57.91 on light volume. Thus far, 543,310 shares of Reynolds American exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $57.39-$57.91 after having opened the day at $57.39 as compared to the previous trading day's close of $57.49.

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

Reynolds American Inc., through its subsidiaries, manufactures and sells cigarette and other tobacco products in the United States. The company operates through RJR Tobacco, American Snuff, and Santa Fe segments. Reynolds American has a market cap of $30.6 billion and is part of the tobacco industry. Shares are up 15.0% year-to-date as of the close of trading on Friday. Currently there are 3 analysts who rate Reynolds American a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Reynolds American as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, notable return on equity, good cash flow from operations and expanding profit margins. 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 Reynolds American 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 $2.04 (2.3%) to $91.82 on average volume. Thus far, 1.0 million shares of Monster Beverage exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $90.76-$92.77 after having opened the day at $90.99 as compared to the previous trading day's close of $89.78.

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 $15.1 billion and is part of the food & beverage industry. Shares are up 32.5% year-to-date as of the close of trading on Friday. Currently there are 5 analysts who rate Monster Beverage a buy, no analysts rate it a sell, and 6 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, Altria Group ( MO) is up $0.38 (0.8%) to $45.36 on average volume. Thus far, 3.2 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 $44.97-$45.37 after having opened the day at $45.05 as compared to the previous trading day's close of $44.99.

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

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 $88.7 billion and is part of the tobacco industry. Shares are up 17.2% year-to-date as of the close of trading on Friday. Currently there are 5 analysts who 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.

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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