Lululemon Athletica Inc. (LULU): 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.

Lululemon Athletica ( LULU) 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, Lululemon Athletica rose $0.91 (1.3%) to $70.20 on light volume. Throughout the day, 1,049,366 shares of Lululemon Athletica exchanged hands as compared to its average daily volume of 2,896,600 shares. The stock ranged in a price between $68.75-$70.30 after having opened the day at $69.43 as compared to the previous trading day's close of $69.29. Other companies within the Consumer Non-Durables industry that increased today were: Mercer International ( MERC), up 5.0%, Summer Infant ( SUMR), up 4.3%, Ever-Glory International Group ( EVK), up 2.7% and Berry Plastics Group ( BERY), up 2.6%.

lululemon athletica inc., together with its subsidiaries, designs, manufactures, and distributes athletic apparel and accessories for women, men, and female youth. It operates in three segments: Corporate-Owned Stores, Direct To Consumer, and Other. Lululemon Athletica has a market cap of $8.0 billion and is part of the consumer goods sector. The company has a P/E ratio of 37.8, above the S&P 500 P/E ratio of 17.7. Shares are down 8.4% year to date as of the close of trading on Tuesday. Currently there are 10 analysts that rate Lululemon Athletica a buy, 4 analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Lululemon Athletica as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the negative front, Coldwater Creek ( CWTR), down 7.8%, Swisher Hygiene ( SWSH), down 4.2%, Zuoan Fashion ( ZA), down 2.9% and American Apparel ( APP), down 2.5% , were all laggards within the consumer non-durables industry with Tupperware Brands Corporation ( TUP) 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.

null

More from Markets

FTC Chair Says Agency Is Ready to Take on Big Tech; Walgreens Joins Dow -- ICYMI

FTC Chair Says Agency Is Ready to Take on Big Tech; Walgreens Joins Dow -- ICYMI

Dow Gets Swept Into Nasty Reversal Even as Nasdaq Posts New Record

Dow Gets Swept Into Nasty Reversal Even as Nasdaq Posts New Record

Zoom CEO Eric Yuan Leads Glassdoor's List of Top 100 CEOs

Zoom CEO Eric Yuan Leads Glassdoor's List of Top 100 CEOs

REPLAY: Jim Cramer on Fed Rate Hikes, Oil Prices and Starbucks Worries

REPLAY: Jim Cramer on Fed Rate Hikes, Oil Prices and Starbucks Worries

3 Must Reads on the Market From TheStreet's Top Columnists

3 Must Reads on the Market From TheStreet's Top Columnists