Coach Inc. (COH): Today's Featured Consumer Non-Durables Winner

Coach ( COH) 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 1.1%. By the end of trading, Coach rose $0.99 (1.8%) to $57.45 on light volume. Throughout the day, 1,700,819 shares of Coach exchanged hands as compared to its average daily volume of 4,249,400 shares. The stock ranged in a price between $56.61-$57.73 after having opened the day at $56.98 as compared to the previous trading day's close of $56.46. Other companies within the Consumer Non-Durables industry that increased today were: STR Holdings ( STRI), up 8.1%, China Shengda Packaging Group ( CPGI), up 8.0%, Standard Register Company ( SR), up 7.4% and Revlon ( REV), up 6.7%.

Coach, Inc. engages in the design, marketing, and distribution of handbags, accessories, wearables, footwear, jewelry, sunwear, travel bags, watches, and fragrances for women and men in the United States and internationally. Coach has a market cap of $15.9 billion and is part of the consumer goods sector. Shares are up 1.7% year to date as of the close of trading on Wednesday. Currently there are 14 analysts that rate Coach a buy, no analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Coach as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the negative front, Orient Paper ( ONP), down 7.9%, Tufco Technologies ( TFCO), down 3.9%, Sappi ( SPP), down 3.2% and Swisher Hygiene ( SWSH), down 3.1% , were all laggards within the consumer non-durables industry with Lululemon Athletica ( LULU) being today's consumer non-durables industry laggard.

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 ( XLP) while those bearish on the consumer non-durables industry could consider ProShares Ultra Sht Consumer Goods ( SZK).

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