Apparel Stocks to Watch: NIKE Sell-Off May Be Running Out of Steam
MarketBeat's stock screener tool identified seven apparel stocks to watch on October 3rd, including NIKE (NKE), TJX Companies (TJX), Target (TGT), lululemon athletica (LULU), Burlington Stores (BURL), Ross Stores (ROST), and DICK'S Sporting Goods (DKS). These companies are influenced by consumer spending, fashion trends, seasonality, inventory levels, and brand strength. NIKE has seen a recent sell-off but may be running out of steam.
The seven apparel stocks have the highest dollar trading volume in the last several days. MarketBeat's top-rated analysts recommend buying shares of these companies due to their growth potential. However, it is essential to note that analyst opinions can change quickly, and investors should do their own research before making any investment decisions.