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Luxury Goods Stocks To Follow Today - August 19th

NIKE logo with Consumer Discretionary background
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Key Points

  • Seven luxury-goods stocks to watch are NIKE (NKE), Tapestry (TPR), Amer Sports (AS), lululemon athletica (LULU), On Holding (ONON), Deckers Outdoor (DECK), and Crocs (CROX).
  • The companies span premium athletic footwear, apparel, accessories, and lifestyle brands, including Coach, Kate Spade, UGG, HOKA, Crocs, lululemon, and NIKE.
  • The stocks were highlighted because they recorded the highest recent dollar trading volume among luxury-goods companies tracked by MarketBeat’s screener; their performance may be affected by consumer confidence, economic conditions, wealth levels, and affluent-customer demand.
  • Five stocks we like better than NIKE.

NIKE, Tapestry, Amer Sports, lululemon athletica, ON, Deckers Outdoor, and Crocs are the seven Luxury Goods stocks to watch today, according to MarketBeat's stock screener tool. Luxury goods stocks are shares of companies that sell premium, nonessential products and services, such as designer clothing, jewelry, watches, automobiles, and high-end travel. For investors, these stocks are often viewed as consumer-discretionary investments whose performance can be influenced by wealth levels, economic conditions, consumer confidence, and demand from affluent customers. 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.

Read Our Latest Research Report on NKE

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.

Read Our Latest Research Report on TPR

Amer Sports (AS)

Amer Sports, Inc. designs, manufactures, markets, distributes, and sells sports equipment, apparel, footwear, and accessories in Europe, the Middle East, Africa, the Americas, China, and the Asia Pacific. It operates through three segments: Technical Apparel, Outdoor Performance, and Ball & Racquet Sports.

Read Our Latest Research Report on AS

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

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.

Read Our Latest Research Report on ONON

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.

Read Our Latest Research Report on DECK

Crocs (CROX)

Crocs, Inc., together with its subsidiaries, designs, develops, manufactures, markets, distributes, and sells casual lifestyle footwear and accessories for men, women, and children under Crocs and HEYDUDE Brand in the United States and internationally. The company offers various footwear products, including clogs, sandals, slides, flips, wedges, platforms, socks, boots, charms, flip flops, sneakers, and slippers.

Read Our Latest Research Report on CROX

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