Carter's Inc. (CRI): Today's Featured Consumer Goods Winner

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.

Carter's ( CRI) 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, Carter's rose $0.82 (1.2%) to $68.84 on average volume. Throughout the day, 630,276 shares of Carter's exchanged hands as compared to its average daily volume of 565,500 shares. The stock ranged in a price between $67.55-$69.01 after having opened the day at $67.68 as compared to the previous trading day's close of $68.02. Other companies within the Consumer Goods sector that increased today were: Mannatech ( MTEX), up 36.4%, Tofutti Brands ( TOF), up 18.2%, China Marine Food Group ( CMFO), up 14.4% and Castle Brands Incorporated ( ROX), up 8.8%.

Carter's, Inc., together with its subsidiaries, designs, sources, and markets branded children's wear. The company provides its products under the Carter's, Child of Mine, Just One You, Precious Firsts, OshKosh, and other brands. Carter's has a market cap of $4.1 billion and is part of the consumer non-durables industry. Shares are up 22.2% year to date as of the close of trading on Thursday. Currently there are 3 analysts that rate Carter's a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Carter's as a buy. 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, good cash flow from operations, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Fuwei Films (Holdings ( FFHL), down 18.0%, Furniture Brands International ( FBN), down 17.7%, China New Borun Corporation ( BORN), down 12.8% and Blyth ( BTH), down 7.0% , were all laggards within the consumer goods sector with Kellogg Company ( K) 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).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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