Three Retail Stocks On The Rise Now
These three companies are outperforming the market today, see why, and how well they’re doing below…
1) Crox Inc. (NASDAQ:CROX), makers of those weird-looking, surprisingly comfortable shoes are doing well today, trading up 5.54% at last check. The company gained 7% last the week and continues to set new highs. The shoe-maker is now in play for mergers and acquisitions after Rugged footwear maker VF (NYSE:VFC) bought Timberland last week. Crox is currently trading at its highest price tab since late 2007. Competitors to Watch: Deckers Outdoor Corp. (NASDAQ:DECK), NIKE, Inc. (NYSE:NKE), Skechers USA, Inc. (NYSE:SKX), The Timberland Company (NYSE:TBL), Wolverine World Wide, Inc. (NYSE:WWW), Steven Madden, Ltd. (NASDAQ:SHOO), LaCrosse Footwear, Inc. (NASDAQ:BOOT), Brown Shoe Company, Inc. (NYSE:BWS), and Phoenix Footwear Group, Inc. (AMEX:PXG).
2) Lululemon Athletica (NASDAQ:LULU), the designer and retailer of technical athletic, yoga-inspired apparel is performing particularly well today, up 4.57% at latest trading price. The company is making a strong start to the week after breaking back above its 50-day moving average. At $97.53, LULU shares are trading just a few dollars short of all-time highs circa $102 per share. How Lululemon Stock is Winning from Recession-Proof Yoga>>
3) Nike (NYSE:NKE), the “just do it” advocates are working their charm on investors today, posting gains of over 2.1% so far in trades. The company is benefiting from the after-glow of a successful US Open for golf fans. The stock is also battling to break above it’s 200-day moving average. Nike is trading just $10 under 52-week and all time highs of $92.49. Competitors to Watch: Brown Shoe Company, Inc. (NYSE:BWS), Skechers USA, Inc. (NYSE:SKX), Deckers Outdoor Corp. (NASDAQ:DECK), TOD’S SpA (NYSE:TOD), Kenneth Cole Productions (NYSE:KCP) and Nordstrom (NYSE:JWN)