Consumer/Non-Cyclical Stocks, Including Mead Johnson, Making Big Moves on October 26, 2012

By Investopedia Staff | October 26, 2012 AAA

This morning's trading has marked a bad day for the market so far. The Nasdaq has declined 0.1%; the S&P 500 is trading down 0.2%; and the Dow has fallen 0.1%.

The Consumer/Non-Cyclical sector (XLP) is down 0.5%, underperforming the market overall. The current biggest movers in the sector are:

Company Market Cap Percentage Change
Dean Foods (NYSE:DF) $3.47 billion -13.3%
Pilgrim\'s (NYSE:PPC) $1.18 billion +12.7%
Newell (NYSE:NWL) $5.8 billion +4.6%
Monster (Nasdaq:MNST) $8.31 billion -4.1%
Corn Products International (NYSE:INGR) $4.52 billion +2.5%
Mead Johnson (NYSE:MJN) $12.95 billion -2.3%
USANA Health Sciences (NYSE:USNA) $637 million +2.2%

Forex Broker Summary: Forex Capital Markets (FXCM)

After a precipitous drop of 13.3%, Dean Foods (NYSE:DF) is now trading at a share price of $16.30. This morning, 13.1 million shares have been traded, which is more trading activity than there was yesterday.

Pilgrim's (NYSE:PPC) has soared 12.7% to reach a current price of $5.15 per share. So far today, 1.3 million shares have changed hands.

After rising 4.6%, Newell (NYSE:NWL) is currently trading at a share price of $21.01. At 4.6 million shares, the company's volume so far today is 1.6 times its current three-month average.

Monster (Nasdaq:MNST) is down 4.1% to reach $45.15 per share. So far today, the company's volume is 1.8 million shares. This is 0.2 times its average daily volume.

Corn Products International (NYSE:INGR) is currently trading at $60.80 per share, a 2.5% increase. So far today, the company's volume is 378,578 shares, which is likely to result in less activity than yesterday's volume of one million shares.

Mead Johnson (NYSE:MJN) is currently trading at a share price of $62.06, a 2.3% decline. The company's volume for the day so far is 2.5 million shares.

After an increase of 2.2%, USANA Health Sciences (NYSE:USNA) has reached a current price of $45.07. The company's volume is currently 71,306 shares for the day, in keeping with the average volume over the past three months.

The Bottom Line The nature of the market is such that stocks will have good days and bad days. Daily stock performance should be weighed against historical performance and put in context of the market overall. Keep in mind that all these ratios should be compared against historical numbers and industry information in order to get a more complete picture.

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