5 Fashion and Apparel Stocks to Buy Now

by Portfolio Grader | August 23, 2012 3:00 pm

Five Fashion and Apparel stocks are moving up in their overall rating this week, according to the Portfolio Grader[1] database. Every one of these is graded an “A” (“strong buy”) or “B” overall (“buy”).

Hanesbrands (NYSE:HBI[2]) is making progress this week as its rating of C (“hold”) from last week increases to a B (“buy”) rating this week. Hanesbrands produces underwear, T-shirts, socks, sweatshirts, sleepwear, and shoes. In Portfolio Grader’s specific subcategories of Earnings Surprise and Equity, HBI also gets A’s. The stock price has risen 8.1% over the past month, better than the 3.7% increase the S&P 500 has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of HBI stock[3].

This week, Gildan Activewear‘s (NYSE:GIL[4]) ratings are up from a C last week to a B. Gildan Activewear manufactures and markets branded basic activewear. Wall Street seems to agree with the upgrade and has propelled the stock up 16.9% over the past month. For more information, get Portfolio Grader’s complete analysis of GIL stock[5].

The rating of Ralph Lauren (NYSE:RL[6]) moves up this week, rising from a C to a B. Polo Ralph Lauren designs, markets and distributes products, including apparel for men, women and children, accessories, fragrances and home furnishings. Investors have pushed the stock price up 7.3% over the past month. For more information, get Portfolio Grader’s complete analysis of RL stock[7].

This week, PVH Corp. (NYSE:PVH[8]) pushes up from a C to a B rating. Phillips Van Heusen designs and markets branded apparel and, to a lesser extent, footwear and other related products. Wall Street seems to agree with the upgrade and has propelled the stock up 12.4% over the past month. For more information, get Portfolio Grader’s complete analysis of PVH stock[9].

lululemon athletica (NASDAQ:LULU[10]) earns a B this week, jumping up from last week’s grade of C. Lululemon Athletica designs, manufactures, and distributes athletic apparel for women, men, and female youth. The price of LULU is up 7.6% from a month ago. For more information, get Portfolio Grader’s complete analysis of LULU stock[11].

Louis Navellier’s proprietary Portfolio Grader[12] 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[13].

Source URL: https://investorplace.com/2012/08/5-fashion-and-apparel-stocks-to-buy-now-hbi-gil-rl/

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