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 1.2%. By the end of trading, Coach rose $1.14 (2.5%) to $47.56 on average volume. Throughout the day, 6,449,036 shares of Coach exchanged hands as compared to its average daily volume of 4,317,900 shares. The stock ranged in a price between $46.70-$47.70 after having opened the day at $46.85 as compared to the previous trading day's close of $46.42. Other companies within the Consumer Non-Durables industry that increased today were: Swisher Hygiene ( SWSH), up 10.5%, Ennis ( EBF), up 5.9%, Coldwater Creek ( CWTR), up 5.6% and Elizabeth Arden ( RDEN), up 5.6%.

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 $12.7 billion and is part of the consumer goods sector. Shares are down 17.3% year to date as of the close of trading on Thursday. Currently there are 8 analysts that rate Coach a buy, no analysts rate it a sell, and 15 rate it a hold.

TheStreet Ratings rates Coach as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins, reasonable valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Verso Paper ( VRS), down 9.4%, CCA Industries ( CAW), down 4.1%, United-Guardian ( UG), down 2.3% and China XD Plastics ( CXDC), down 1.9% , were all laggards within the consumer non-durables industry with Domtar ( UFS) 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.

More from Markets

Global Stocks Weaken as Trump Opens New Fronts in Global Trade War

Global Stocks Weaken as Trump Opens New Fronts in Global Trade War

Week Ahead: Trade Fears and Stress Tests Signal More Volatility To Come

Week Ahead: Trade Fears and Stress Tests Signal More Volatility To Come

Trump Takes Aim at Auto Imports; Markets End Mixed -- ICYMI

Trump Takes Aim at Auto Imports; Markets End Mixed -- ICYMI

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat