3 Stocks Pushing The Consumer Non-Durables Industry Higher

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 18 points (-0.1%) at 13,964 as of Thursday, Feb. 14, 2013, 11:49 AM ET. The NYSE advances/declines ratio sits at 1,305 issues advancing vs. 1,524 declining with 153 unchanged.

The Consumer Non-Durables industry currently sits down 0.3% versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the industry include Lululemon Athletica ( LULU), down 1.6%, and VF Corporation ( VFC), down 0.9%.

TheStreet Ratings group would like to highlight 3 stocks pushing the industry higher today:

3. Skechers USA ( SKX) is one of the companies pushing the Consumer Non-Durables industry higher today. As of noon trading, Skechers USA is up $2.51 (12.8%) to $22.08 on heavy volume Thus far, 2.0 million shares of Skechers USA exchanged hands as compared to its average daily volume of 432,700 shares. The stock has ranged in price between $20.41-$22.16 after having opened the day at $21.00 as compared to the previous trading day's close of $19.57.

Skechers U.S.A., Inc. engages in the design, development, marketing, and distribution of footwear for men, women, and children in the United States and internationally. Skechers USA has a market cap of $762.0 million and is part of the consumer goods sector. Shares are up 5.0% year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate Skechers USA a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Skechers USA as a hold. 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 and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and weak operating cash flow. Get the full Skechers USA Ratings Report now.

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