3 Consumer Non-Durables Stocks Dragging The Industry Down

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.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 72 points (-0.4%) at 17,208 as of Monday, Sept. 22, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 456 issues advancing vs. 2,548 declining with 145 unchanged.

The Consumer Non-Durables industry currently sits down 1.0% versus the S&P 500, which is down 0.8%.

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

3. Coach ( COH) is one of the companies pushing the Consumer Non-Durables industry lower today. As of noon trading, Coach is down $0.72 (-1.9%) to $36.33 on light volume. Thus far, 1.5 million shares of Coach exchanged hands as compared to its average daily volume of 5.1 million shares. The stock has ranged in price between $36.30-$37.00 after having opened the day at $36.95 as compared to the previous trading day's close of $37.05.

Coach, Inc. provides luxury accessories and lifestyle collections for women and men in the United States and internationally. Coach has a market cap of $10.3 billion and is part of the consumer goods sector. Shares are down 34.0% year-to-date as of the close of trading on Friday. Currently there are 6 analysts that rate Coach a buy, 2 analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates Coach as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and weak operating cash flow. Get the full Coach Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

2. As of noon trading, Nike ( NKE) is down $1.33 (-1.6%) to $80.48 on average volume. Thus far, 1.8 million shares of Nike exchanged hands as compared to its average daily volume of 3.3 million shares. The stock has ranged in price between $80.20-$81.87 after having opened the day at $81.66 as compared to the previous trading day's close of $81.81.

NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories for men, women, and kids worldwide. Nike has a market cap of $56.6 billion and is part of the consumer goods sector. Shares are up 4.0% year-to-date as of the close of trading on Friday. Currently there are 11 analysts that rate Nike a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Nike 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, notable return on equity, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Nike Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

1. As of noon trading, Michael Kors Holdings ( KORS) is down $2.32 (-3.0%) to $74.63 on light volume. Thus far, 1.1 million shares of Michael Kors Holdings exchanged hands as compared to its average daily volume of 3.7 million shares. The stock has ranged in price between $74.48-$76.80 after having opened the day at $76.80 as compared to the previous trading day's close of $76.95.

Michael Kors Holdings Limited is engaged in the design, marketing, distribution, and retailing of branded women's apparel and accessories, and men's apparel. The company operates in three segments: Retail, Wholesale, and Licensing. Michael Kors Holdings has a market cap of $15.8 billion and is part of the consumer goods sector. Shares are down 5.2% year-to-date as of the close of trading on Friday. Currently there are 7 analysts that rate Michael Kors Holdings a buy, 2 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Michael Kors Holdings as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Michael Kors Holdings Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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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