Charting the Outliers in the Consumer Space as of January 21
Yesterday’s Consumer Pops and Drops: THS and KHC, SON and TM
Price movement of S&P 500 indexes
On January 21, 2016, the S&P 500 and the S&P Consumer Discretionary sectors slightly outperformed the S&P Consumer Staples on the whole by 0.52% and 1.37%, respectively, at 0.42%.
On the other hand, the S&P Consumer Staples stocks have seen a monthly return of 2.5%, which is much higher than the -1.8% and -3.0% that the S&P 500 and the S&P 500 Consumer Discretionary saw, respectively, on January 21.
Top losers on January 21, 2016
The top-losing stocks as of January 21 were as follows:
Sonoco Products Company (SON) fell by 1.5%.
Toyota Motor Corporation (TM) fell by 0.37% with the fall in sales of its Thailand business.
Top gainers of January 21, 2016
The top-gaining stock as of January 21 were as follows:
TreeHouse Foods (THS) rose by 10.4% with the pricing and offering of common stock and senior notes to fund the acquisition.
Kraft Heinz Foods Company (KHC) rose by 2.6% with the “positive” rating from Susquehanna.
Lululemon Athletica (LULU) rose by 2.0% with the increase in price target by Susquehanna.
In this six-part series, we’ll analyze the above stocks’ performances, price movements, and latest quarterly results as of January 21. You might also check out the recent performance of the Consumer Staples Select Sector SPDR Fund (XLP), an ETF of consumer goods that tracks a market-cap-weighted index of consumer staples stocks drawn from the S&P 500, for the larger picture.
Let’s start by taking a closer look at what’s been happening with Sonoco Products as of January 21, 2016.
Browse this series on Market Realist:
