Who Were the Outliers in the Consumer Space?



Price movement of the S&P 500 indexes

On February 26, 2016, the S&P Consumer Discretionary slightly outperformed the S&P Consumer Staples and the S&P 500 as a whole. The indexes had respective returns of -0.12%, -1.4%, and -0.19%.

On the other hand, the S&P Consumer Staples stocks have a monthly return of 0.45%, which is much higher than the -5.1% and -5.2% from the S&P 500 and the S&P Consumer Discretionary, respectively.

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Top losers on February 26

The top losing stocks as of February 26, 2016, were as follows:

  • B&G Foods (BGS) fell by 10.3%.
  • Foot Locker (FL) fell by 4.3%.
  • Clorox (CLX) fell by 2.8% and received a “neutral” rating from Sterne Agee.
  • PepsiCo (PEP) fell by 2.3% and received a “neutral” rating from Sterne Agee.
  • Monster Beverage (MNST) fell by 1.7%.
  • Colgate-Palmolive (CL) fell by 1.7% and received a “neutral” rating from Sterne Agee.
  • Campbell Soup (CPB) fell by 1.0%.

Top gainers on February 26

The top gainers on February 26, 2016, were as follows:

  • Herbalife (HLF) rose by 20.5% with the positive news from the talks with the FTC.
  • Ecolab (ECL) rose by 2.5%.
  • Gildan Activewear (GIL) rose by 3.2%.
  • Tupperware Brands (TUP) rose by 2.4%.
  • Polaris Industries (PII) rose by 2.4% with the increase in its price target from KeyBanc.
  • Whirlpool (WHR) rose by 1.8% with the Baa1 rating from Moody’s.

In this series, we’ll take a look at the above stocks’ performances, price movements, and latest quarterly results.

The Consumer Staples Select Sector SPDR Fund (XLP) tracks a market-cap-weighted index of consumer staples stocks drawn from the S&P 500. Let’s start with B&G Foods.


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