Coach Inc. (COH): Today's Featured Consumer Non-Durables 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.

Coach ( COH) pushed the Consumer Non-Durables industry higher today making it today's featured consumer non-durables winner. The industry as a whole closed the day up 0.5%. By the end of trading, Coach rose $0.69 (1.3%) to $55.03 on average volume. Throughout the day, 3,480,203 shares of Coach exchanged hands as compared to its average daily volume of 3,063,100 shares. The stock ranged in a price between $54.22-$55.42 after having opened the day at $54.33 as compared to the previous trading day's close of $54.34. Other companies within the Consumer Non-Durables industry that increased today were: Tufco Technologies ( TFCO), up 6.7%, Joe's Jeans ( JOEZ), up 5.4%, Sequential Brands Group ( SQBG), up 4.6% and American Apparel ( APP), up 4.3%.

Coach, Inc. designs and markets bags, accessories, business cases, footwear, wearables, jewelry, sunwear, travel bags, watches, and fragrances for women and men in the United States and internationally. Coach has a market cap of $15.4 billion and is part of the consumer goods sector. Shares are down 1.4% year to date as of the close of trading on Thursday. Currently there are 13 analysts that rate Coach a buy, no analysts rate it a sell, and 14 rate it a hold.

TheStreet Ratings rates Coach 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, expanding profit margins, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Tandy Brands Accessories ( TBAC), down 5.3%, Zuoan Fashion ( ZA), down 3.4%, Ever-Glory International Group ( EVK), down 3.4% and Summer Infant ( SUMR), down 2.2% , were all laggards within the consumer non-durables industry with Cooper Tire & Rubber Company ( CTB) being today's consumer non-durables industry laggard.

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).

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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