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

Fossil Group ( FOSL) pushed the Consumer Durables industry higher today making it today's featured consumer durables winner. The industry as a whole closed the day down 0.6%. By the end of trading, Fossil Group rose $1.21 (1.0%) to $119.32 on heavy volume. Throughout the day, 1,221,526 shares of Fossil Group exchanged hands as compared to its average daily volume of 784,600 shares. The stock ranged in a price between $117.04-$120.00 after having opened the day at $118.10 as compared to the previous trading day's close of $118.11. Other companies within the Consumer Durables industry that increased today were: Koss Corporation ( KOSS), up 14.0%, Harman International Industries ( HAR), up 3.0%, Gaming Partners International Corporation ( GPIC), up 2.4% and Herman Miller ( MLHR), up 2.3%.

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 goods sector. Currently there are 5 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 solid stock price performance, impressive record of earnings per share growth, revenue growth, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the negative front, Escalade ( ESCA), down 6.7%, Ethan Allen Interiors ( ETH), down 5.6%, Mattress Firm ( MFRM), down 4.6% and Select Comfort Corporation ( SCSS), down 3.7% , were all laggards within the consumer durables industry with Hasbro ( HAS) being today's consumer durables industry laggard.

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).

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