Nike Sales Growth Falters as Apparel Industry Faces Challenges

The apparel industry is facing some challenges despite strong sales from top brands like Nike and Lululemon athletica. According to MarketBeat's stock screener tool, these five stocks are worth keeping an eye on: NIKE (NKE), TJX Companies (TJX), Target (TGT), Tapestry (TPR), and lululemon athletica (LULU).

Nike reported a Q4 beat but analysts cut price targets due to core weakness in the company's sales. This has raised concerns among investors about the brand's long-term growth prospects.

On the other hand, TJX Companies has seen its shares surge recently due to strong sales at its Marmaxx segment, which includes brands like T.J. Maxx and Marshalls.