Foot Locker Inc (FL): Today's Favorite Consumer Goods Gainer

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.

Foot Locker ( FL) pushed the Consumer Goods sector higher today making it today's featured consumer goods winner. The sector as a whole closed the day down 0.2%. By the end of trading, Foot Locker rose 45 cents (1.3%) to $34.51 on average volume. Throughout the day, two million shares of Foot Locker exchanged hands as compared to its average daily volume of 2.5 million shares. The stock ranged in a price between $33.95-$34.53 after having opened the day at $34.21 as compared to the previous trading day's close of $34.06. Other companies within the Consumer Goods sector that increased today were: China Shengda Packaging Group ( CPGI), up 18.9%, Entertainment Gaming Asia ( EGT), up 15.4%, Tianli Agritech ( OINK), up 10.3%, and Industrie Natuzzi ( NTZ), up 8.9%.
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Foot Locker, Inc., together with its subsidiaries, operates as a retailer of athletic footwear and apparel. The company operates in two segments, Athletic Stores and Direct-to-Customers. Foot Locker has a market cap of $5.07 billion and is part of the consumer non-durables industry. The company has a P/E ratio of 13.1, below the S&P 500 P/E ratio of 17.7. Shares are up 6% year to date as of the close of trading on Thursday. Currently there are 11 analysts that rate Foot Locker a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Foot Locker as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins.

On the negative front, Crumbs Bake Shop ( CRMB), down 33.7%, Fuwei Films Company ( FFHL), down 9.8%, Greif ( GEF), down 6.3%, and Callaway Golf Company ( ELY), down 6%, were all laggards within the consumer goods sector with VeriFone Systems ( PAY) being today's consumer goods sector laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer goods sector could consider iShares Dow Jones US Cons Goods ( IYK) while those bearish on the consumer goods sector could consider ProShares Ultra Sht Consumer Goods ( SZK).

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