3 Consumer Non-Durables Stocks Moving The Industry Upward

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.

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 15 points (-0.1%) at 17,638 as of Friday, Nov. 14, 2014, 12:00 PM ET. The NYSE advances/declines ratio sits at 1,511 issues advancing vs. 1,431 declining with 199 unchanged.

The Consumer Non-Durables industry currently sits down 0.2% versus the S&P 500, which is unchanged.

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 $1.38 (1.3%) to $110.39 on light volume. Thus far, 189,821 shares of Hanesbrands exchanged hands as compared to its average daily volume of 822,200 shares. The stock has ranged in price between $109.10-$110.62 after having opened the day at $109.10 as compared to the previous trading day's close of $109.01.

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

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 $11.0 billion and is part of the consumer goods sector. Shares are up 55.6% year-to-date as of the close of trading on Thursday. Currently there are 5 analysts who rate Hanesbrands a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Hanesbrands as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, solid stock price performance and notable return on equity. 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.

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, Coach ( COH) is up $0.51 (1.5%) to $35.21 on light volume. Thus far, 1.1 million shares of Coach exchanged hands as compared to its average daily volume of 4.1 million shares. The stock has ranged in price between $34.70-$35.36 after having opened the day at $34.70 as compared to the previous trading day's close of $34.70.

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

Coach, Inc. provides luxury accessories and lifestyle collections for women and men in the United States and internationally. Coach has a market cap of $9.7 billion and is part of the consumer goods sector. Shares are down 38.2% year-to-date as of the close of trading on Thursday. Currently there are 6 analysts who rate Coach a buy, 2 analysts rate it a sell, and 12 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 a generally disappointing performance in the stock itself. 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.

1. As of noon trading, Michael Kors Holdings ( KORS) is up $1.07 (1.5%) to $71.81 on light volume. Thus far, 1.2 million shares of Michael Kors Holdings exchanged hands as compared to its average daily volume of 3.6 million shares. The stock has ranged in price between $70.45-$71.98 after having opened the day at $70.71 as compared to the previous trading day's close of $70.74.

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

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 $14.6 billion and is part of the consumer goods sector. Shares are down 12.9% year-to-date as of the close of trading on Thursday. Currently there are 7 analysts who rate Michael Kors Holdings a buy, 1 analyst rates it a sell, and 9 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. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. 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).

null

More from Markets

Billionaire Investor Tim Draper Explains Why Bitcoin Will Hit $250,000 in 2022

Billionaire Investor Tim Draper Explains Why Bitcoin Will Hit $250,000 in 2022

To Think a Trade War's Still Just a Threat Is the Dumbest Thing on Wall Street

To Think a Trade War's Still Just a Threat Is the Dumbest Thing on Wall Street

M&A Trends Still on Investors' Minds Despite Worries Over Tariffs -- ICYMI

M&A Trends Still on Investors' Minds Despite Worries Over Tariffs -- ICYMI

Dow Falls as U.S. Imposes Tariffs on $50 Billion of Chinese Goods

Dow Falls as U.S. Imposes Tariffs on $50 Billion of Chinese Goods

General Motors Spikes on Report It's Considering Listing Shares of Cruise Unit

General Motors Spikes on Report It's Considering Listing Shares of Cruise Unit