Fossil Group Inc (FOSL): Today's Featured Consumer Goods 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 Goods sector lower today making it today's featured Consumer Goods laggard. The sector as a whole closed the day up 0.7%. By the end of trading, Fossil Group fell $1.19 (-1.0%) to $115.02 on average volume. Throughout the day, 642,142 shares of Fossil Group exchanged hands as compared to its average daily volume of 773,800 shares. The stock ranged in price between $114.90-$117.98 after having opened the day at $117.25 as compared to the previous trading day's close of $116.21. Other companies within the Consumer Goods sector that declined today were: American Lorain ( ALN), down 8.6%, CTI Industries Corporation ( CTIB), down 8.2%, China Marine Food Group ( CMFO), down 7.8% and Mercer International ( MERC), down 6.9%.

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 $6.6 billion and is part of the consumer durables industry. Shares are up 24.7% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate Fossil Group a buy, 2 analysts rate it a sell, and 6 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, Boise ( BZ), up 26.1%, Mannatech ( MTEX), up 16.4%, Verso Paper ( VRS), up 14.4% and China Xiniya Fashion ( XNY), up 14.1% , were all gainers within the consumer goods sector with Ecolab ( ECL) being today's featured consumer goods sector leader.

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).

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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