3 Stocks Driving The Consumer Non-Durables Industry Higher
All three major indices are trading up today with the
Dow Jones Industrial Average
(
^DJI
) trading up 86 points (0.5%) at 17,915 as of Tuesday, Nov. 3, 2015, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,603 issues advancing vs. 1,362 declining with 155 unchanged.
The Consumer Non-Durables industry currently sits up 0.2% versus the S&P 500, which is up 0.2%. A company within the industry that increased today was
(
), up 3.1%. A company within the industry that fell today was
(
), up 0.6%.
TheStreet would like to highlight 3 stocks pushing the industry higher today:
3.
(
) is one of the companies pushing the Consumer Non-Durables industry higher today. As of noon trading, Ralph Lauren is up $3.38 (3.0%) to $114.23 on average volume. Thus far, 427,403 shares of Ralph Lauren exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $110.46-$114.25 after having opened the day at $111.45 as compared to the previous trading day's close of $110.85.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
Ralph Lauren Corporation designs, markets, and distributes lifestyle products worldwide. The company operates in three segments: Wholesale, Retail, and Licensing. Ralph Lauren has a market cap of $6.6 billion and is part of the consumer goods sector. Shares are down 40.1% year-to-date as of the close of trading on Monday. Currently there is 1 analyst who rates Ralph Lauren a buy, no analysts rate it a sell, and 11 rate it a hold.
TheStreet Ratings rates
Ralph Lauren
as a
. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and weak operating cash flow. Get the full
now.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
2. As of noon trading,
(
) is up $1.00 (3.1%) to $32.74 on average volume. Thus far, 1.8 million shares of Coach exchanged hands as compared to its average daily volume of 4.3 million shares. The stock has ranged in price between $31.81-$32.77 after having opened the day at $31.81 as compared to the previous trading day's close of $31.74.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
Coach, Inc. provides luxury accessories and lifestyle collections in the United States. Coach has a market cap of $8.7 billion and is part of the consumer goods sector. Shares are down 15.5% year-to-date as of the close of trading on Monday. Currently there are 10 analysts who rate Coach a buy, 2 analysts rate it a sell, and 11 rate it a hold.
TheStreet Ratings rates
Coach
as a
. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and a generally disappointing performance in the stock itself. Get the full
now.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
1. As of noon trading,
(
) is up $0.63 (0.9%) to $68.44 on light volume. Thus far, 764,026 shares of VF exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $67.65-$68.49 after having opened the day at $67.68 as compared to the previous trading day's close of $67.81.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
V.F. Corporation designs, manufactures, markets, and distributes branded lifestyle apparel, footwear, and accessories in the United States and Europe. VF has a market cap of $28.7 billion and is part of the consumer goods sector. Shares are down 9.5% year-to-date as of the close of trading on Monday. Currently there are 19 analysts who rate VF a buy, no analysts rate it a sell, and 3 rate it a hold.
TheStreet Ratings rates
VF
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, increase in stock price during the past year, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel its strengths outweigh the fact that the company has had sub par growth in net income. Get the full
now.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the consumer non-durables industry could consider
Consumer Staples Select Sector SPDR
(
) while those bearish on the consumer non-durables industry could consider
ProShares Ultra Sht Consumer Goods
(
).