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Apparel Stocks Worth Watching - October 2nd

NIKE logo with Consumer Discretionary background

Key Points

  • NIKE, Target, and lululemon athletica are highlighted as key apparel stocks to watch, showing high trading volume recently, indicating investor interest in this sector.
  • NIKE offers a wide range of athletic footwear and apparel and has been experiencing significant analyst interest, suggesting a possible company comeback.
  • Target operates as a general merchandise retailer while lululemon focuses on athletic apparel, catering to changing consumer demands and trends in the apparel market.
  • Five stocks to consider instead of NIKE.

NIKE, Target, and lululemon athletica are the three Apparel stocks to watch today, according to MarketBeat's stock screener tool. Apparel stocks are shares of publicly traded companies that design, manufacture and sell clothing and related accessories, typically classified within the consumer discretionary sector. Their performance is driven by factors like fashion trends, seasonal demand shifts and raw‐material or supply‐chain costs. Investors follow apparel stocks to capitalize on brand strength, changing consumer tastes and broader economic cycles. These companies had the highest dollar trading volume of any Apparel stocks within the last several days.

NIKE (NKE)

NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, accessories, and services worldwide. The company provides athletic and casual footwear, apparel, and accessories under the Jumpman trademark; and casual sneakers, apparel, and accessories under the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks.

Read Our Latest Research Report on NKE

Target (TGT)

Target Corporation operates as a general merchandise retailer in the United States. The company offers apparel for women, men, boys, girls, toddlers, and infants and newborns, as well as jewelry, accessories, and shoes; and beauty and personal care, baby gear, cleaning, paper products, and pet supplies.

Read Our Latest Research Report on TGT

lululemon athletica (LULU)

Lululemon Athletica Inc., together with its subsidiaries, designs, distributes, and retails athletic apparel, footwear, and accessories under the lululemon brand for women and men. It offers pants, shorts, tops, and jackets for healthy lifestyle, such as yoga, running, training, and other activities.

Read Our Latest Research Report on LULU

Further Reading

Should You Invest $1,000 in NIKE Right Now?

Before you consider NIKE, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NIKE wasn't on the list.

While NIKE currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

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