3 Stocks Raising The Consumer Goods 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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 125 points (0.7%) at 17,965 as of Friday, May 1, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,606 issues advancing vs. 1,375 declining with 147 unchanged.

The Consumer Goods sector currently sits up 0.1% versus the S&P 500, which is up 0.6%. Top gainers within the sector include Honda Motor ( HMC), up 1.6%, Nike ( NKE), up 1.5%, Ecolab ( ECL), up 1.5% and Procter & Gamble ( PG), up 0.5%. On the negative front, top decliners within the sector include Philip Morris International ( PM), down 0.6%, and Ford Motor ( F), down 0.5%.

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 $0.57 (1.9%) to $30.80 on light volume. Thus far, 700,732 shares of Sony exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $30.30-$30.80 after having opened the day at $30.32 as compared to the previous trading day's close of $30.23.

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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 $35.3 billion and is part of the consumer durables industry. Shares are up 50.0% 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 buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Sony Ratings Report now.

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2. As of noon trading, Altria Group ( MO) is up $0.38 (0.8%) to $50.43 on light volume. Thus far, 2.6 million shares of Altria Group exchanged hands as compared to its average daily volume of 7.4 million shares. The stock has ranged in price between $50.11-$50.62 after having opened the day at $50.13 as compared to the previous trading day's close of $50.05.

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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 $98.7 billion and is part of the tobacco industry. Shares are up 1.9% year-to-date as of the close of trading on Thursday. Currently there are 5 analysts who rate Altria Group a buy, no analysts rate it a sell, and 5 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, notable return on equity, expanding profit margins, good cash flow from operations and solid stock price performance. 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.

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1. As of noon trading, Apple ( AAPL) is up $0.97 (0.8%) to $126.12 on average volume. Thus far, 27.3 million shares of Apple exchanged hands as compared to its average daily volume of 52.2 million shares. The stock has ranged in price between $125.30-$127.02 after having opened the day at $126.10 as compared to the previous trading day's close of $125.15.

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Apple Inc. designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players worldwide. The company also sells related software, services, accessories, networking solutions, and third-party digital content and applications. Apple has a market cap of $741.1 billion and is part of the consumer durables industry. Shares are up 16.5% year-to-date as of the close of trading on Thursday. Currently there are 23 analysts who rate Apple a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Apple as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, robust revenue growth and notable return on equity. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Apple Ratings Report now.

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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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