Clothing, shoes and fashion accessories are hardly “necessities.” However, it’s indisputable that a certain segment of American consumers still has plenty of discretionary income and is looking to big brands more than ever before for comfort and, of course, a symbol of status.
I watch more than 5,000 publicly traded companies with my Portfolio Grader tool, ranking companies by a number of fundamental and quantitative measures. And this week, I’ve uncovered five clothing stocks to buy.
Each one of these stocks gets an “A” or “B” according to my research, meaning it is a “strong buy” or “buy.”
Coach (NYSE:COH) develops fine accessories including handbags for women. In the last 12 months, Coach stock is up 25%, compared to smaller gains by the broader markets. COH stock gets a “B” grade for sales growth, a “B” grade for earnings growth, a “B” grade for earnings momentum, a “B” grade for the magnitude in which earnings projections have increased over the past months and an “A” grade for return on equity. For more information, view my complete analysis of COH stock.
Nike (NYSE:NKE) is one of the most famous athletic apparel developers in the world. In the last year, Nike stock is up 33%, compared to a gain of just 4% for the Dow Jones in the same time. NKE stock gets a “B” grade for sales growth and an “A” grade for return on equity. For more information, view my complete analysis of NKE stock.
Lululemon (NASDAQ:LULU) designs and sells technical athletic apparel and has experienced stock growth of 50% since January 1. Lululemon stock gets an “A” grade for sales growth, a “B” grade for operating margin growth, a “B” grade for earnings growth, a “B” grade for the magnitude in which earnings projections have increased over the past months and an “A” grade for return on equity. For more information, view my complete analysis of LULU stock.
Ralph Lauren (NYSE:RL) sells men’s, women’s and children’s apparel, accessories, fragrances and home furnishings. Ralph Lauren stock has climbed 24% since this time last April. RL stock gets a “B” grade for sales growth, a “B” grade for earnings momentum, a “B” grade for the magnitude in which earnings projections have increased over the past months and an “A” grade for return on equity. For more information, view my complete analysis of RL stock.
VF (NYSE:VFC) is a global apparel company based in the United States. VFC stock has gained 42% in the past 12 months. VFC stock gets an “A” grade for sales growth, a “B” grade for operating margin growth, an “A” grade for earnings growth, an “A” grade for earnings momentum and an “A” grade for return on equity. For more information, view my complete analysis of VFC stock.
Get more analysis of these picks and other publicly-traded stocks with Louis Navellier’s Portfolio Grader tool, a 100% free stock-rating tool that measures both quantitative buying pressure and eight fundamental factors.
