For the current week, the overall ratings of three fashion and apparel stocks are worse, according to the Portfolio Grader database. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).
This week, Quiksilver, Inc. (ZQK) falls to a D (“sell”), worse than last week’s grade of C (“hold”). Quiksilver is an outdoor sports lifestyle company, which designs, produces and distributes a diversified mix of branded apparel, footwear, accessories, snowboards and related products. In Portfolio Grader’s specific subcategories of Earnings Growth, Earnings Momentum, Earnings Revisions, Equity and Sales Growth, ZQK also gets F’s. As of Jan. 16, 2014, 10.7% of outstanding Quiksilver, Inc. shares were held short. For more information, get Portfolio Grader’s complete analysis of ZQK stock.
Slipping from a C to a D rating, Fossil Group, Inc. (FOSL) takes a hit this week. Fossil designs, develops, markets, and distributes consumer fashion accessories. To get an in-depth look at FOSL, get Portfolio Grader’s complete analysis of FOSL stock.
This week, Movado Group, Inc.’s (MOV) rating worsens to a D from the company’s C rating a week ago. Movado designs, manufactures, retails, and distributes watches as well as jewelry, tabletop, and accessory products. The stock price has dropped 7.4% over the past month, worse than the 1.7% decrease the S&P 500 has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of MOV 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.