Foot Locker Inc (FL): 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.

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 up 0.1%. By the end of trading, Foot Locker rose $0.41 (1.3%) to $32.57 on average volume. Throughout the day, 2,075,607 shares of Foot Locker exchanged hands as compared to its average daily volume of 2,209,400 shares. The stock ranged in a price between $32.25-$32.75 after having opened the day at $32.26 as compared to the previous trading day's close of $32.16. Other companies within the Consumer Goods sector that increased today were: Kewaunee Scientific ( KEQU), up 12.7%, Primo Water ( PRMW), up 11.1%, Mannatech ( MTEX), up 8.5% and Craft Brew Alliance ( BREW), up 6.5%.

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 $5.0 billion and is part of the consumer non-durables industry. Shares are up 0.1% year to date as of the close of trading on Tuesday. Currently there are 10 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 has had lackluster performance in the stock itself.

On the negative front, Tandy Brands Accessories ( TBAC), down 12.1%, Castle Brands Incorporated ( ROX), down 9.5%, Skullcandy ( SKUL), down 6.6% and Tandy Leather Factory ( TLF), down 6.5% , were all laggards within the consumer goods sector with ConAgra Foods ( CAG) 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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