Carter's Inc. (CRI): Today's Featured Consumer Non-Durables Winner
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 or Stephanie Link.
(
) pushed the Consumer Non-Durables industry higher today making it today's featured consumer non-durables winner. The industry as a whole closed the day up 0.3%. By the end of trading, Carter's rose $0.82 (1.1%) to $74.27 on light volume. Throughout the day, 515,265 shares of Carter's exchanged hands as compared to its average daily volume of 704,200 shares. The stock ranged in a price between $73.47-$74.34 after having opened the day at $73.47 as compared to the previous trading day's close of $73.45. Other companies within the Consumer Non-Durables industry that increased today were:
(
), up 4.8%,
(
), up 4.2%,
(
), up 4.1% and
(
), up 3.6%.
Carter’s, Inc., together with its subsidiaries, designs, sources, and markets branded children’s wear. The company provides its products under the Carter’s, Child of Mine, Just One You, Precious Firsts, OshKosh, and other brands. Carter's has a market cap of $4.3 billion and is part of the consumer goods sector. Shares are up 32.0% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate Carter's a buy, no analysts rate it a sell, and 4 rate it a hold.
TheStreet Ratings rates
Carter's
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. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
- You can view the full Carter's Ratings Report.
On the negative front,
(
), down 2.6%,
(
), down 2.4%,
(
), down 2.2% and
(
), down 2.1% , were all laggards within the consumer non-durables industry with
(
) being today's consumer non-durables industry laggard.
- Use our consumer non-durables section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, 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
(
).
- Find other investment ideas from our top rated ETFs lists.
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