Luxury Goods Stocks to Watch: Lululemon, Nike Lead the Pack

MarketBeat's stock screener tool has identified seven luxury goods stocks to watch today. These companies are Lululemon Athletica (LULU), NIKE (NKE), Tapestry (TPR), Ralph Lauren (RL), Deckers Outdoor (DECK), Amer Sports (AS), and ON (ON).

Luxury goods stocks offer exposure to affluent consumer spending and strong brand pricing power, but may be sensitive to economic downturns, changing consumer preferences, and fluctuations in global wealth.

Lululemon Athletica designs, distributes, and retails athletic apparel, footwear, and accessories under the lululemon brand. NIKE designs, develops, markets, and sells athletic footwear, apparel, equipment, accessories, and services worldwide.