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 Goods sector higher today making it today's featured consumer goods winner. The sector as a whole closed the day down 1.4%. By the end of trading, Deckers Outdoor rose $4.63 (5.9%) to $83.16 on heavy volume. Throughout the day, 2,197,851 shares of Deckers Outdoor exchanged hands as compared to its average daily volume of 1,082,600 shares. The stock ranged in a price between $81.40-$84.31 after having opened the day at $83.24 as compared to the previous trading day's close of $78.53. Other companies within the Consumer Goods sector that increased today were:
), up 18.1%,
), up 4.7%,
), up 4.1% and
), up 3.2%.
- EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
Deckers Outdoor Corporation designs, markets, and distributes footwear, apparel, and accessories for outdoor activities and casual lifestyle use for men, women, and children. Deckers Outdoor has a market cap of $2.7 billion and is part of the consumer non-durables industry. Shares are down 7.0% year to date as of the close of trading on Thursday. Currently there are 7 analysts that rate Deckers Outdoor a buy, no analysts rate it a sell, and 3 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.
- You can view the full Deckers Outdoor Ratings Report.
On the negative front,
), down 23.6%,
), down 22.3%,
), down 14.8% and
), down 11.9% , were all laggards within the consumer goods sector with
) being today's consumer goods sector laggard.
- Use our consumer goods section to find sector-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 goods sector could consider
) while those bearish on the consumer goods sector could consider
- Find other investment ideas from our top rated ETFs lists.