Fossil Group Inc (FOSL): Today's Featured Consumer 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.

Fossil Group ( FOSL) pushed the Consumer Durables industry lower today making it today's featured Consumer Durables laggard. The industry as a whole closed the day up 0.1%. By the end of trading, Fossil Group fell $1.35 (-1.2%) to $114.50 on average volume. Throughout the day, 927,429 shares of Fossil Group exchanged hands as compared to its average daily volume of 764,200 shares. The stock ranged in price between $112.81-$115.75 after having opened the day at $115.56 as compared to the previous trading day's close of $115.85. Other companies within the Consumer Durables industry that declined today were: Kid Brands ( KID), down 6.0%, American Woodmark Corporation ( AMWD), down 2.9%, Entertainment Gaming Asia ( EGT), down 2.6% and A. T. Cross Company ( ATX), down 2.5%.

Fossil Group, Inc., together with its subsidiaries, engages in the design, development, marketing, and distribution of consumer fashion accessories worldwide. It operates in four segments: North America Wholesale, Europe Wholesale, Asia Pacific Wholesale, and Direct to Consumer. Fossil Group has a market cap of $6.4 billion and is part of the consumer goods sector. Shares are up 24.7% year to date as of the close of trading on Wednesday. Currently there are 4 analysts that rate Fossil Group a buy, 2 analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Fossil Group 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, notable return on equity, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, Leapfrog ( LF), up 6.0%, Marine Products Corporation ( MPX), up 3.8%, Appliance Recycling Centers Of America ( ARCI), up 3.0% and Global-Tech Advanced Innovations ( GAI), up 2.8% , were all gainers within the consumer durables industry with Sony Corporation ( SNE) being today's featured consumer durables industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer durables industry could consider Consumer Discretionary Sel Sec SPDR ( XLY) while those bearish on the consumer 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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