3 Stocks Driving The Consumer Non-Durables Industry Higher

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All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 129 points (-0.8%) at 16,373 as of Friday, April 25, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 935 issues advancing vs. 2,039 declining with 150 unchanged.

The Consumer Non-Durables industry currently sits down 0.7% versus the S&P 500, which is down 0.6%. A company within the industry that fell today was Colgate-Palmolive ( CL), up 0.6%.

TheStreet would like to highlight 3 stocks pushing the industry higher today:

3. Hanesbrands ( HBI) is one of the companies pushing the Consumer Non-Durables industry higher today. As of noon trading, Hanesbrands is up $4.51 (6.0%) to $79.94 on heavy volume. Thus far, 1.3 million shares of Hanesbrands exchanged hands as compared to its average daily volume of 830,700 shares. The stock has ranged in price between $78.49-$81.83 after having opened the day at $79.49 as compared to the previous trading day's close of $75.43.

Hanesbrands Inc., a consumer goods company, designs, manufactures, sources, and sells various basic apparels primarily in the United States. The company operates in four segments: Innerwear, Activewear, Direct to Consumer, and International. Hanesbrands has a market cap of $7.4 billion and is part of the consumer goods sector. Shares are up 7.3% year-to-date as of the close of trading on Thursday. Currently there are 4 analysts who rate Hanesbrands a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Hanesbrands as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, notable return on equity, 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. Get the full Hanesbrands Ratings Report now.

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2. As of noon trading, Deckers Outdoor ( DECK) is up $4.52 (5.8%) to $83.05 on heavy volume. Thus far, 1.5 million shares of Deckers Outdoor exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $81.40-$84.31 after having opened the day at $83.24 as compared to the previous trading day's close of $78.53.

Deckers Outdoor Corporation designs, markets, and distributes footwear, apparel, and accessories for outdoor activities and casual lifestyle use for men, women, and children. Deckers Outdoor has a market cap of $2.7 billion and is part of the consumer goods sector. Shares are down 7.0% year-to-date as of the close of trading on Thursday. Currently there are 7 analysts who rate Deckers Outdoor a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Deckers Outdoor as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Deckers Outdoor Ratings Report now.

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1. As of noon trading, VF ( VFC) is up $1.18 (2.0%) to $61.29 on average volume. Thus far, 1.4 million shares of VF exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $60.46-$62.22 after having opened the day at $60.94 as compared to the previous trading day's close of $60.11.

V.F. Corporation designs, manufactures, or sources from independent contractors various apparel and footwear products primarily in the United States and Europe. VF has a market cap of $26.6 billion and is part of the consumer goods sector. Shares are down 3.5% year-to-date as of the close of trading on Thursday. Currently there are 14 analysts who rate VF a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates VF as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, increase in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full VF Ratings Report now.

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If you are interested in one of these 3 stocks, 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).
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