Top Luxury Goods Stocks To Follow Now - November 13th

Key Points

• NIKE, lululemon, and Tapestry were identified as luxury-goods stocks to watch because they recently had the sector’s highest dollar trading volumes.
• In Friday trading, Nike rose 0.7% to $38.03 and lululemon gained 1.3% to $105.80, while Tapestry fell 0.8% to $131.58.
• All three stocks were well below their 12-month highs: Nike at $69.14, lululemon at $225.98, and Tapestry at $164.80.

NIKE, lululemon athletica, and Tapestry are the three 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 fashion, jewelry, watches, and high-end cosmetics. For investors, they offer exposure to consumer spending on luxury brands; their performance can depend on affluent buyers’ demand, brand strength, and broader economic conditions. 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.

NYSE NKE traded up $0.27 on Friday, reaching $38.03. The stock had a trading volume of 7,076,247 shares, compared to its average volume of 24,501,514. NIKE has a 12-month low of $31.97 and a 12-month high of $69.14. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.39 and a current ratio of 2.07. The stock has a market cap of $56.48 billion, a P/E ratio of 18.28, a price-to-earnings-growth ratio of 4.39 and a beta of 1.01. The business's 50-day moving average price is $36.90 and its 200 day moving average price is $45.10.

Read Our Latest Research Report on NKE

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.

lululemon athletica stock traded up $1.34 during mid-day trading on Friday, reaching $105.80. 1,207,711 shares of the company were exchanged, compared to its average volume of 3,634,831. The firm has a market cap of $12.26 billion, a PE ratio of 8.66, a price-to-earnings-growth ratio of 2.58 and a beta of 0.84. The firm's 50-day simple moving average is $101.28 and its two-hundred day simple moving average is $130.57. lululemon athletica has a twelve month low of $90.38 and a twelve month high of $225.98.

Read Our Latest Research Report on LULU

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.

NYSE:TPR traded down $1.05 during mid-day trading on Friday, reaching $131.58. The stock had a trading volume of 927,349 shares, compared to its average volume of 2,595,583. 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 capitalization of $25.86 billion, a price-to-earnings ratio of 16.93, a PEG ratio of 1.51 and a beta of 1.44. Tapestry has a twelve month low of $99.00 and a twelve month high of $164.80. The business has a 50 day simple moving average of $118.28 and a 200 day simple moving average of $137.05.

Read Our Latest Research Report on TPR

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