3 Consumer Goods Stocks Nudging 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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 104 points (0.6%) at 17,895 as of Tuesday, June 16, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,771 issues advancing vs. 1,197 declining with 176 unchanged.

The Consumer Goods sector currently sits up 0.5% versus the S&P 500, which is up 0.4%. Top gainers within the sector include Coty ( COTY), up 19.2%, Monster Beverage ( MNST), up 3.8%, Nike ( NKE), up 1.3%, Colgate-Palmolive ( CL), up 0.8% and Altria Group ( MO), up 0.9%.

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

3. General Motors ( GM) is one of the companies pushing the Consumer Goods sector higher today. As of noon trading, General Motors is up $0.20 (0.6%) to $35.66 on light volume. Thus far, 3.0 million shares of General Motors exchanged hands as compared to its average daily volume of 15.0 million shares. The stock has ranged in price between $35.16-$35.68 after having opened the day at $35.35 as compared to the previous trading day's close of $35.46.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

General Motors Company designs, builds, and sells cars, crossovers, trucks, and automobile parts worldwide. It operates through GM North America, GM Europe, GM International Operations, GM South America, and GM Financial segments. General Motors has a market cap of $57.4 billion and is part of the automotive industry. Shares are up 2.3% year-to-date as of the close of trading on Monday. Currently there are 8 analysts who rate General Motors a buy, no analysts rate it a sell, and 6 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 increase in net income, impressive record of earnings per share growth, notable return on equity and largely solid financial position with reasonable debt levels by most measures. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full General Motors Ratings Report now.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

2. As of noon trading, Coca-Cola ( KO) is up $0.47 (1.2%) to $40.06 on average volume. Thus far, 5.5 million shares of Coca-Cola exchanged hands as compared to its average daily volume of 13.7 million shares. The stock has ranged in price between $39.60-$40.08 after having opened the day at $39.68 as compared to the previous trading day's close of $39.59.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

The Coca-Cola Company, a beverage company, manufactures and distributes various nonalcoholic beverages worldwide. The company primarily offers sparkling beverages and still beverages. Coca-Cola has a market cap of $174.2 billion and is part of the food & beverage industry. Shares are down 5.3% year-to-date as of the close of trading on Monday. Currently there are 7 analysts who rate Coca-Cola a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates Coca-Cola as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, expanding profit margins and notable return on equity. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Coca-Cola Ratings Report now.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

1. As of noon trading, Procter & Gamble ( PG) is up $0.89 (1.1%) to $79.01 on average volume. Thus far, 3.5 million shares of Procter & Gamble exchanged hands as compared to its average daily volume of 8.1 million shares. The stock has ranged in price between $78.54-$79.60 after having opened the day at $79.60 as compared to the previous trading day's close of $78.12.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

The Procter & Gamble Company, together with its subsidiaries, manufactures and sells branded consumer packaged goods. The company operates through five segments: Beauty; Grooming; Health Care; Fabric Care and Home Care; and Baby, Feminine and Family Care. Procter & Gamble has a market cap of $214.0 billion and is part of the consumer non-durables industry. Shares are down 14.2% year-to-date as of the close of trading on Monday. Currently there are 6 analysts who rate Procter & Gamble a buy, 1 analyst rates it a sell, and 12 rate it a hold.

TheStreet Ratings rates Procter & Gamble as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Procter & Gamble Ratings Report now.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

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).

More from Markets

Week Ahead: Trade Fears and Stress Tests Signal More Volatility To Come

Week Ahead: Trade Fears and Stress Tests Signal More Volatility To Come

Trump Takes Aim at Auto Imports; Markets End Mixed -- ICYMI

Trump Takes Aim at Auto Imports; Markets End Mixed -- ICYMI

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

Flashback Friday: The Market Movers

Flashback Friday: The Market Movers