Deckers Outdoor Corporation (DECK): 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.

Deckers Outdoor Corporation ( DECK) pushed the Consumer Goods sector higher today making it today's featured consumer goods winner. The sector as a whole closed the day up 0.5%. By the end of trading, Deckers Outdoor Corporation rose $1.82 (2.2%) to $85.73 on light volume. Throughout the day, 892,308 shares of Deckers Outdoor Corporation exchanged hands as compared to its average daily volume of 1,494,900 shares. The stock ranged in a price between $83.90-$85.85 after having opened the day at $84.12 as compared to the previous trading day's close of $83.91. Other companies within the Consumer Goods sector that increased today were: Origin Agritech ( SEED), up 44.8%, Castle Brands Incorporated ( ROX), up 9.2%, Tandy Brands Accessories ( TBAC), up 8.4% and Xerium Technologies ( XRM), up 8.2%.

Deckers Outdoor Corporation engages in the design, manufacture, and marketing of footwear and accessories for outdoor activities and casual lifestyle use for men, women, and children in the United States and internationally. Deckers Outdoor Corporation has a market cap of $2.9 billion and is part of the consumer non-durables industry. Shares are down 0.7% year to date as of the close of trading on Thursday. Currently there are 7 analysts that rate Deckers Outdoor Corporation a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Deckers Outdoor Corporation as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Shiloh Industries ( SHLO), down 9.2%, Marine Products Corporation ( MPX), down 4.4%, Elecsys Corporation ( ESYS), down 4.2% and Summer Infant ( SUMR), down 3.7% , were all laggards within the consumer goods sector with Nu Skin ( NUS) 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.

More from Markets

Canopy Growth Lets Down Eager Pot Investors; PayPal Keeps Dominating -- ICYMI

Canopy Growth Lets Down Eager Pot Investors; PayPal Keeps Dominating -- ICYMI

Dow, S&P 500 and Nasdaq Tumble After Trump Calls Off North Korea Summit

Dow, S&P 500 and Nasdaq Tumble After Trump Calls Off North Korea Summit

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

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

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

Automakers Slump as Trump Tariffs Threaten Both Manufacturers and Consumers

Automakers Slump as Trump Tariffs Threaten Both Manufacturers and Consumers