Promising Apparel Stocks To Add to Your Watchlist - March 29th

Key Points

• MarketBeat's screener names five apparel stocks to watch today: Target (TGT), NIKE (NKE), TJX Companies (TJX), Ross Stores (ROST), and lululemon athletica (LULU).
• These companies posted the highest dollar trading volume among apparel names in recent days, marking them as active short-term market movers.
• Apparel stocks are consumer discretionary plays sensitive to fashion trends, seasonality, consumer spending and supply-chain issues, so investors should monitor same-store sales, inventory turnover, gross margins and e‑commerce penetration.

Target, NIKE, TJX Companies, Ross Stores, and lululemon athletica are the five Apparel stocks to watch today, according to MarketBeat's stock screener tool. "Apparel stocks" are shares of publicly traded companies whose primary business is designing, manufacturing, marketing, and selling clothing, footwear, and related accessories, from fast-fashion retailers and branded manufacturers to luxury houses and specialty chains. Investors treat them as consumer discretionary/retail plays that are sensitive to fashion trends, seasonality, consumer spending and supply-chain issues, so they typically monitor metrics like same-store sales, inventory turnover, gross margins and e-commerce penetration. These companies had the highest dollar trading volume of any Apparel stocks within the last several days.

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.

Read Our Latest Research Report on TGT

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

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.

Read Our Latest Research Report on TJX

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.

Read Our Latest Research Report on ROST

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

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