Who Were the Outliers in the Consumer Space on February 23?
Yesterday’s Consumer Pops and Drops: ECL, CAJ, EPC, and CTB
Price movements of S&P 500 indexes
On February 23, 2016, the S&P Consumer Staples slightly outperformed the S&P Consumer Discretionary and the S&P 500 as a whole. The indices had respective returns of -0.04, -0.55%, and -1.3%.
Along those same lines, the S&P Consumer Staples stocks have had a monthly return of 0.45% as of February 23, which is much higher than the -5.1% and -5.2% from the S&P 500 and the S&P 500 Consumer Discretionary, respectively.
Biggest losers on February 23
The biggest losing stocks as of February 23 are as follows:
Ecolab (ECL) fell by 7.4% due to a fall in revenue and income in fiscal 4Q15.
The J.M. Smucker (SJM) fell by 2.4%.
Monster Beverage (MNST) fell by 0.79%.
Canon (CAJ) fell by 0.99%.
Edgewell Personal Care (EPC) fell by 0.59% due to Moody’s downgraded the stock.
Top gainer on February 23
The biggest gaining stock as of February 23 was Cooper Tire & Rubber (CTB), which rose by 2.6%. Investors interested in exposure to consumer goods, the Consumer Staples Select Sector SPDR Fund (XLP) tracks a market-cap-weighted index of consumer staples stocks drawn from the S&P 500.
In this series, we’ll analyze at the above stocks’ performances, price movements, and latest quarterly results.
Let’s start with Ecolab.
Browse this series on Market Realist:
