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”).
Hanesbrands (HBI) is progressing from last week’s rating of B (“buy”) as the company improves to an A (“strong buy”) this week. Hanesbrands produces underwear, T-shirts, socks, sweatshirts, sleepwear, and shoes. In Portfolio Grader’s specific subcategories of Earnings Revisions, Equity and Margin Growth, HBI also gets A’s. Shares of HBI have increased 6% over the past month, better 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 HBI stock.
Costa Inc. Class A (ATX) earns an A this week, jumping up from last week’s grade of B. A. T. Cross is a designer and marketer of branded personal accessories including writing instruments, watches, reading glasses, personal and business accessories and sunglasses. For more information, get Portfolio Grader’s complete analysis of ATX stock.
This week, Zuoan Fashion (ZA) is showing significant improvement as the company’s rating hops from a C (“hold”) to a B (“buy”). Zuoan engages in the design and distribution of fashion menswear. Shares of the stock have been trading at an exceptionally rapid pace, up threefold from the week prior. For more information, get Portfolio Grader’s complete analysis of ZA 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.