Luxury Goods Stocks on the Rise: MarketBeat Identifies Top 7

MarketBeat's stock screener tool has identified seven Luxury Goods stocks to watch, including Nike and Lululemon athletica. These companies had the highest dollar trading volume of any Luxury Goods stocks within the last several days.

Luxury goods stocks are shares of publicly traded companies that design, manufacture, or sell high-end products and services, such as designer fashion, jewelry, watches, cosmetics, and luxury automobiles. Investors often view these stocks as exposure to affluent consumer spending, brand strength, pricing power, and global economic trends.

The seven Luxury Goods stocks to watch are: Nike (NKE), Lululemon athletica (LULU), Tapestry (TPR), ON (ON), Deckers Outdoor (DECK), Ralph Lauren (RL), and Amer Sports (AS).