Best Luxury Goods Stocks To Watch Now - November 9th

Key Points

• NIKE, ON, Tapestry, lululemon, and Deckers Outdoor were identified as luxury-goods stocks attracting the highest dollar trading volume in recent days.
• In Monday trading, NIKE, Tapestry, lululemon, and Deckers shares rose, while ON shares edged lower.
• These companies offer exposure to premium brands and affluent shoppers, but their sales can be vulnerable to economic conditions and changes in discretionary spending.

NIKE, ON, Tapestry, lululemon athletica, and Deckers Outdoor are the five Luxury Goods stocks to watch today, according to MarketBeat's stock screener tool. Luxury goods stocks are shares of companies that make or sell premium products, such as designer clothing, jewelry, watches, and high-end cars. For investors, these stocks can offer exposure to strong brands and affluent consumers, but sales may be sensitive to economic conditions and shifts in discretionary spending. These companies had the highest dollar trading volume of any Luxury Goods 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.

Shares of NKE stock traded up $1.55 during trading on Monday, reaching $40.14. The company's stock had a trading volume of 11,992,076 shares, compared to its average volume of 24,632,371. NIKE has a 1-year low of $31.97 and a 1-year high of $69.14. The stock's 50-day moving average price is $36.91 and its 200 day moving average price is $45.63. The company has a market capitalization of $59.62 billion, a price-to-earnings ratio of 19.27, a P/E/G ratio of 4.51 and a beta of 1.01. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.07 and a quick ratio of 1.39.

Read Our Latest Research Report on NKE

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.

ON stock traded down $0.39 during mid-day trading on Monday, reaching $36.97. 12,364,099 shares of the company's stock were exchanged, compared to its average volume of 7,266,803. The company has a quick ratio of 2.25, a current ratio of 2.83 and a debt-to-equity ratio of 0.25. ON has a twelve month low of $26.36 and a twelve month high of $51.08. The company has a market cap of $23.59 billion, a P/E ratio of 25.14, a P/E/G ratio of 0.74 and a beta of 2.05. The company has a fifty day moving average of $31.50 and a 200-day moving average of $36.51.

Read Our Latest Research Report on ONON

Tapestry (TPR)

Tapestry, Inc. provides luxury accessories and branded lifestyle products in the United States, Japan, Greater China, and internationally. The company operates in three segments: Coach, Kate Spade, and Stuart Weitzman. It offers women's handbags; and women's accessories, such as small leather goods which includes mini and micro handbags, money pieces, wristlets, pouches, and cosmetic cases, as well as novelty accessories including address books, time management and travel accessories, sketchbooks, and portfolios; and belts, key rings, and charms.

Shares of Tapestry stock traded up $3.37 during trading hours on Monday, reaching $136.16. 1,486,439 shares of the company were exchanged, compared to its average volume of 2,602,398. Tapestry has a 1 year low of $99.00 and a 1 year high of $164.80. The stock's fifty day moving average is $117.41 and its 200 day moving average is $136.95. The company has a debt-to-equity ratio of 5.70, a quick ratio of 0.76 and a current ratio of 1.24. The firm has a market cap of $27.15 billion, a PE ratio of 17.49, a PEG ratio of 1.51 and a beta of 1.44.

Read Our Latest Research Report on TPR

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.

NASDAQ:LULU traded up $3.61 during midday trading on Monday, reaching $114.40. The company had a trading volume of 1,665,036 shares, compared to its average volume of 3,657,524. The firm has a market capitalization of $13.25 billion, a price-to-earnings ratio of 9.36, a PEG ratio of 2.64 and a beta of 0.84. The stock's fifty day simple moving average is $102.16 and its 200-day simple moving average is $132.24. lululemon athletica has a 12-month low of $90.38 and a 12-month high of $225.98.

Read Our Latest Research Report on LULU

Deckers Outdoor (DECK)

Deckers Outdoor Corporation, together with its subsidiaries, designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high-performance activities in the United States and internationally. The company offers premium footwear, apparel, and accessories under the UGG brand name; footwear, apparel, and accessories for ultra-runners and athletes under the HOKA brand name; and sandals, shoes, and boots under the Teva brand name.

NYSE DECK traded up $4.49 during trading hours on Monday, hitting $91.20. 1,909,818 shares of the company were exchanged, compared to its average volume of 2,583,080. The company has a 50 day moving average of $82.35 and a two-hundred day moving average of $98.91. Deckers Outdoor has a 52-week low of $77.20 and a 52-week high of $122.29. The firm has a market cap of $12.17 billion, a price-to-earnings ratio of 12.07, a PEG ratio of 1.39 and a beta of 1.10.

Read Our Latest Research Report on DECK

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