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Best Apparel Stocks To Follow Now - November 10th

ON logo with Consumer Discretionary background
Image from MarketBeat Media, LLC.

Key Points

  • ON, Nike, and Target were identified as apparel stocks with the highest recent dollar trading volume, making them names to watch.
  • All three shares fell in Tuesday trading: On Holding dropped to $34.42, Nike to $38.73, and Target to $159.92.
  • On Holding and Nike were trading below their 200-day moving averages, while Target was above its 50-day and 200-day averages.
  • MarketBeat previews the top five stocks to own by December 1st.

ON, NIKE, and Target are the three Apparel stocks to watch today, according to MarketBeat's stock screener tool. Apparel stocks are shares of companies that design, manufacture, or sell clothing and related products, such as footwear and accessories. For investors, they represent exposure to the apparel industry, whose performance can be affected by consumer spending, fashion trends, inventory levels, and production costs. These companies had the highest dollar trading volume of any Apparel stocks within the last several days.

ON (ONON)

On Holding AG engages in the development and distribution of sports products such as footwear, apparel, and accessories for high-performance running, outdoor, all-day activities, and tennis. It sells its products worldwide through independent retailers and global distributors, its own online presence, and its own stores.

Shares of ONON traded down $3.11 during trading hours on Tuesday, hitting $34.42. The stock had a trading volume of 10,088,289 shares, compared to its average volume of 7,324,660. The company's fifty day simple moving average is $31.67 and its 200 day simple moving average is $36.47. The firm has a market cap of $21.96 billion, a P/E ratio of 23.41, a P/E/G ratio of 0.76 and a beta of 2.05. ON has a 12-month low of $26.36 and a 12-month high of $51.08. The company has a debt-to-equity ratio of 0.25, a quick ratio of 2.25 and a current ratio of 2.83.

Read Our Latest Research Report on ONON

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.

NYSE NKE traded down $1.15 during trading hours on Tuesday, reaching $38.73. The company's stock had a trading volume of 7,009,188 shares, compared to its average volume of 24,587,156. The company has a current ratio of 2.07, a quick ratio of 1.39 and a debt-to-equity ratio of 0.39. The stock has a market cap of $57.53 billion, a PE ratio of 18.62, a PEG ratio of 4.73 and a beta of 1.01. NIKE has a 52 week low of $31.97 and a 52 week high of $69.14. The business has a 50-day simple moving average of $36.91 and a 200 day simple moving average of $45.50.

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.

Shares of TGT stock traded down $5.98 during mid-day trading on Tuesday, hitting $159.92. 1,450,013 shares of the stock traded hands, compared to its average volume of 5,030,529. The firm has a market cap of $72.65 billion, a price-to-earnings ratio of 16.59, a price-to-earnings-growth ratio of 3.02 and a beta of 0.94. Target has a twelve month low of $83.44 and a twelve month high of $170.75. The company's 50-day simple moving average is $156.46 and its 200-day simple moving average is $135.32. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.36 and a current ratio of 0.99.

Read Our Latest Research Report on TGT

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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