Foot Locker Inc (FL): Today's Featured Consumer Non-Durables Laggard

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.

Foot Locker ( FL) pushed the Consumer Non-Durables industry lower today making it today's featured Consumer Non-Durables laggard. The industry as a whole closed the day down 0.3%. By the end of trading, Foot Locker fell $1.98 (-5.3%) to $35.63 on heavy volume. Throughout the day, 6,542,894 shares of Foot Locker exchanged hands as compared to its average daily volume of 2,317,000 shares. The stock ranged in price between $34.92-$37.23 after having opened the day at $37.21 as compared to the previous trading day's close of $37.61. Other companies within the Consumer Non-Durables industry that declined today were: Verso Paper ( VRS), down 9.8%, STR Holdings ( STRI), down 3.7%, Fibria Celulose ( FBR), down 3.5% and Standard Register Company ( SR), down 3.5%.

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 $5.6 billion and is part of the consumer goods sector. Shares are up 16.2% year to date as of the close of trading on Monday. Currently there are 11 analysts that rate Foot Locker a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Foot Locker 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, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, Exceed Company ( EDS), up 25.3%, Fuwei Films (Holdings ( FFHL), up 7.5%, Northern Technologies International ( NTIC), up 4.5% and Orient Paper ( ONP), up 4.1% , were all gainers within the consumer non-durables industry with Under Armour ( UA) being today's featured consumer non-durables industry leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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