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 up 0.1%. By the end of trading, Fossil Group rose $4.10 (3.5%) to $121.06 on heavy volume. Throughout the day, 3,545,398 shares of Fossil Group exchanged hands as compared to its average daily volume of 955,700 shares. The stock ranged in a price between $120.46-$125.00 after having opened the day at $122.88 as compared to the previous trading day's close of $116.96. Other companies within the Consumer Durables industry that increased today were: Movado Group ( MOV), up 6.5%, Universal Electronics ( UEIC), up 5.9%, SGOCO Group ( SGOC), up 4.8% and Virco Manufacturing Corporation ( VIRC), up 2.6%.

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 $6.3 billion and is part of the consumer goods sector. Currently there are 5 analysts that rate Fossil Group a buy, 3 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 revenue growth, impressive record of earnings per share growth, notable return on equity, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the negative front, Black Diamond ( BDE), down 8.2%, Flexsteel Industries ( FLXS), down 4.7%, Manchester United ( MANU), down 4.1% and Natuzzi SPA ( NTZ), down 3.5% , were all laggards within the consumer durables industry with iRobot Corporation ( IRBT) 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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