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.
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.