Promising Apparel Stocks To Research - November 7th

Key Points

• TJX Companies, NIKE, and Ross Stores were identified as apparel stocks to watch based on their high recent dollar trading volume.
• TJX shares fell $3.33 to $135.26 on Friday, below their 50-day and 200-day moving averages; the stock’s one-year range is $122.78–$170.00.
• NIKE declined $0.95 to $38.61, while Ross Stores dropped $4.14 to $231.09. Both remained above their one-year lows, but NIKE traded well below its 200-day average while Ross was above it.

TJX Companies, NIKE, and Ross Stores 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, or sell clothing, footwear, and related accessories. Their performance can be affected by consumer spending, fashion trends, inventory levels, and supply-chain costs. These companies had the highest dollar trading volume of any Apparel stocks within the last several days.

TJX Companies (TJX)

The TJX Companies, Inc., together with its subsidiaries, operates as an off-price apparel and home fashions retailer in the United States, Canada, Europe, and Australia. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, furniture, rugs, lighting products, giftware, soft home products, decorative accessories, tabletop, and cookware, as well as expanded pet, and gourmet food departments; jewelry and accessories; and other merchandise.

NYSE TJX traded down $3.33 on Friday, reaching $135.26. 7,159,244 shares of the stock were exchanged, compared to its average volume of 6,188,105. The company has a current ratio of 1.15, a quick ratio of 0.56 and a debt-to-equity ratio of 0.18. TJX Companies has a one year low of $122.78 and a one year high of $170.00. The company's 50-day simple moving average is $135.81 and its two-hundred day simple moving average is $150.77. The firm has a market capitalization of $148.78 billion, a PE ratio of 25.00, a PEG ratio of 2.67 and a beta of 0.58.

Read Our Latest Research Report on TJX

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.

NKE traded down $0.95 during trading on Friday, hitting $38.61. 20,432,263 shares of the company traded hands, compared to its average volume of 27,603,836. The company has a market cap of $57.35 billion, a PE ratio of 18.56, a P/E/G ratio of 4.57 and a beta of 1.01. NIKE has a 1 year low of $31.97 and a 1 year high of $69.14. The stock's 50-day simple moving average is $36.91 and its two-hundred day simple moving average is $45.63. The company has a current ratio of 2.07, a quick ratio of 1.39 and a debt-to-equity ratio of 0.39.

Read Our Latest Research Report on NKE

Ross Stores (ROST)

Ross Stores, Inc., together with its subsidiaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd's DISCOUNTS brand names in the United States. Its stores primarily offer apparel, accessories, footwear, and home fashions. The company's Ross Dress for Less stores sell its products at department and specialty stores to middle income households; and dd's DISCOUNTS stores sell its products at department and discount stores for households with moderate income.

Shares of Ross Stores stock traded down $4.14 on Friday, reaching $231.09. The company had a trading volume of 2,277,559 shares, compared to its average volume of 2,084,620. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.61 and a quick ratio of 0.98. The firm's 50-day moving average price is $230.90 and its two-hundred day moving average price is $223.13. Ross Stores has a 1 year low of $157.73 and a 1 year high of $257.00. The firm has a market cap of $73.82 billion, a price-to-earnings ratio of 27.98, a P/E/G ratio of 2.06 and a beta of 0.85.

Read Our Latest Research Report on ROST

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