Three Fashion and Apparel stocks are moving up in their overall rating this week, according to the Portfolio Grader database. Every one of these is graded an “A” (“strong buy”) or “B” overall (“buy”).
Skechers USA (NYSE:SKX) is bumping up its rating from a C (“hold”) to a B (“buy”) this week. Skechers USA designs, makes, markets and distributes footwear. In Portfolio Grader’s specific subcategories of Earnings Momentum and Earnings Revisions, SKX also gets A’s. The stock price has risen 8% over the past month, better than the 2.6% increase the S&P 500 has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of SKX stock.
This week, Luxottica Group (NYSE:LUX) pushes up from a C to a B rating. Luxottica Group designs, manufactures, distributes, and markets traditional and designer eyeglass frames and sunglasses. Investors seem to agree with the upgraded status of the stock, and have pushed the stock up 7.8% over the past month. For more information, get Portfolio Grader’s complete analysis of LUX stock.
R.G. Barry (NASDAQ:DFZ) is making headway this week, with the company’s rating improving to an A (“strong buy”) from a B (“buy”) last week. RG Barry develops and markets accessory category footwear. Wall Street has pushed the stock higher by 3.3% over the past month. For more information, get Portfolio Grader’s complete analysis of DFZ stock.
Louis Navellier’s proprietary Portfolio Grader stock ranking system assesses roughly 5,000 companies every week based on a number of fundamental and quantitative measures. Stocks are given a letter grade based on their results — with A being “strong buy,” and F being “strong sell.” Explore the tool here.