3 Consumer Goods Stocks Moving The Sector Upward

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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 36 points (0.2%) at 17,520 as of Thursday, Nov. 6, 2014, 12:00 PM ET. The NYSE advances/declines ratio sits at 1,530 issues advancing vs. 1,416 declining with 183 unchanged.

The Consumer Goods sector currently sits up 0.4% versus the S&P 500, which is up 0.2%. Top gainers within the sector include Kate Spade ( KATE), up 19.9%, Ralph Lauren ( RL), up 2.9%, Under Armour ( UA), up 2.7%, Royal Philips ( PHG), up 1.6% and Ecolab ( ECL), up 0.9%.

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

3. Ford Motor ( F) is one of the companies pushing the Consumer Goods sector higher today. As of noon trading, Ford Motor is up $0.14 (1.0%) to $14.08 on light volume. Thus far, 11.5 million shares of Ford Motor exchanged hands as compared to its average daily volume of 30.9 million shares. The stock has ranged in price between $13.92-$14.10 after having opened the day at $13.92 as compared to the previous trading day's close of $13.94.

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

Ford Motor Company develops, manufactures, distributes, and services vehicles, parts, and accessories worldwide. The company operates through two sectors, Automotive and Financial Services. The Automotive sector offers vehicles primarily under the Ford and Lincoln brand names. Ford Motor has a market cap of $52.7 billion and is part of the automotive industry. Shares are down 9.7% year-to-date as of the close of trading on Wednesday. Currently there are 7 analysts who rate Ford Motor a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Ford Motor as a buy. Get the full Ford Motor 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, General Motors ( GM) is up $0.51 (1.7%) to $31.24 on light volume. Thus far, 3.6 million shares of General Motors exchanged hands as compared to its average daily volume of 14.2 million shares. The stock has ranged in price between $30.65-$31.39 after having opened the day at $30.70 as compared to the previous trading day's close of $30.73.

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

General Motors Company (GM) designs, manufactures, and markets cars, crossovers, trucks, and automobile parts worldwide. General Motors has a market cap of $49.5 billion and is part of the automotive industry. Shares are down 24.8% year-to-date as of the close of trading on Wednesday. Currently there are 7 analysts who rate General Motors a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates General Motors 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 and growth in earnings per share. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full General Motors 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, Tesla Motors ( TSLA) is up $12.94 (5.6%) to $243.91 on heavy volume. Thus far, 10.0 million shares of Tesla Motors exchanged hands as compared to its average daily volume of 5.9 million shares. The stock has ranged in price between $228.50-$246.69 after having opened the day at $234.49 as compared to the previous trading day's close of $230.97.

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

Tesla Motors, Inc. designs, develops, manufactures, and sells electric vehicles and electric vehicle powertrain components. Tesla Motors has a market cap of $29.8 billion and is part of the automotive industry. Shares are up 53.5% year-to-date as of the close of trading on Wednesday. Currently there are 8 analysts who rate Tesla Motors a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Tesla Motors as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, poor profit margins and generally higher debt management risk. Get the full Tesla Motors 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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