3 Fashion and Apparel Stocks to Sell Now

by Portfolio Grader | August 15, 2013 11:30 am

The overall ratings of three Fashion and Apparel stocks are down on Portfolio Grader[1] this week. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).

This week, Tumi Holdings, Inc. (NYSE:TUMI[2]) falls to a D (“sell”), worse than last week’s grade of C (“hold”). Tumi Holdings, Inc. offers a comprehensive line of travel and business products and accessories in multiple categories including performance travel goods and business cases. In Portfolio Grader’s specific subcategory of Earnings Surprise, TUMI also gets an F. The stock price has fallen 9.3% over the past month, worse than the 1.7% decrease the S&P 500 has seen over the same period of time. The stock currently has a trailing PE Ratio of 30.80. To get an in-depth look at TUMI, get Portfolio Grader’s complete analysis of TUMI stock[3].

Perry Ellis International, Inc. (NASDAQ:PERY[4]) earns a D this week, falling from last week’s grade of C. Perry Ellis designs, imports, and markets men’s fashion sportswear. The stock gets F’s in Earnings Revisions, Earnings Surprise, and Margin Growth. For a full analysis of PERY stock, visit Portfolio Grader[5].

Fossil Group, Inc. (NASDAQ:FOSL[6]) experiences a ratings drop this week, going from last week’s C to a D. Fossil designs, develops, markets, and distributes consumer fashion accessories. For more information, get Portfolio Grader’s complete analysis of FOSL stock[7].

Louis Navellier’s proprietary Portfolio Grader[8] 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[9].

Source URL: https://investorplace.com/2013/08/3-fashion-and-apparel-stocks-to-sell-now-tumi-pery-fosl/

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