3 Stocks Moving The Consumer Goods Sector Upward
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.
Two out of the three major indices are trading lower today with the
Dow Jones Industrial Average
(
^DJI
) trading up 2 points (0.0%) at 17,721 as of Thursday, March 26, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,110 issues advancing vs. 1,827 declining with 181 unchanged.
The Consumer Goods sector currently sits down 0.3% versus the S&P 500, which is down 0.1%. A company within the sector that increased today was
(
), up 1.0%. On the negative front, top decliners within the sector include
(
), down 3.0%, and
(
), down 0.9%.
TheStreet would like to highlight 3 stocks pushing the sector higher today:
3.
(
) is one of the companies pushing the Consumer Goods sector higher today. As of noon trading, Lululemon Athletica is up $4.52 (7.4%) to $65.48 on heavy volume. Thus far, 5.6 million shares of Lululemon Athletica exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $61.80-$66.89 after having opened the day at $62.54 as compared to the previous trading day's close of $60.96.
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lululemon athletica inc., together with its subsidiaries, designs, manufactures, and distributes athletic apparel and accessories for women, men, and female youth. It operates in three segments: Corporate-Owned Stores, Direct To Consumer, and Other. Lululemon Athletica has a market cap of $8.4 billion and is part of the consumer non-durables industry. Shares are up 9.3% year-to-date as of the close of trading on Wednesday. Currently there are 13 analysts who rate Lululemon Athletica a buy, 2 analysts rate it a sell, and 13 rate it a hold.
TheStreet Ratings rates
Lululemon Athletica
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full
Lululemon Athletica Ratings Report
now.
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2. As of noon trading,
(
) is up $0.91 (0.9%) to $99.90 on average volume. Thus far, 2.7 million shares of Nike exchanged hands as compared to its average daily volume of 3.7 million shares. The stock has ranged in price between $97.67-$100.09 after having opened the day at $98.34 as compared to the previous trading day's close of $98.99.
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NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories for men, women, and kids worldwide. Nike has a market cap of $69.1 billion and is part of the consumer non-durables industry. Shares are up 3.0% year-to-date as of the close of trading on Wednesday. Currently there are 12 analysts who rate Nike a buy, no analysts rate it a sell, and 10 rate it a hold.
TheStreet Ratings rates
Nike
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. 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 $1.00 (0.8%) to $124.38 on average volume. Thus far, 29.2 million shares of Apple exchanged hands as compared to its average daily volume of 58.5 million shares. The stock has ranged in price between $122.60-$124.88 after having opened the day at $122.76 as compared to the previous trading day's close of $123.38.
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.
Apple Inc. designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players worldwide. The company also sells related software, services, accessories, networking solutions, and third-party digital content and applications. Apple has a market cap of $737.9 billion and is part of the consumer durables industry. Shares are up 11.8% year-to-date as of the close of trading on Wednesday. Currently there are 22 analysts who rate Apple a buy, no analysts rate it a sell, and 6 rate it a hold.
TheStreet Ratings rates
Apple
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and notable return on equity. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. 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 goods sector could consider
iShares Dow Jones US Cons Goods
(
) while those bearish on the consumer goods sector could consider
ProShares Ultra Sht Consumer Goods
(
).
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