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Gildan Activewear, Phillips Van Heusen, Jones Apparel, Deckers Outdoor and Skechers USA

  //house-home.news-articles.net/content/2010/05/0 .. es-apparel-deckers-outdoor-and-skechers-usa.html
  Published in House and Home on Friday, May 7th 2010 at 4:35 GMT by Market Wire
          ^{🞛 This publication is a summary or evaluation of another publication}

CHICAGO--([ BUSINESS WIRE ])--Stocks featured in this weeka™s Zacks Industry Rank analysis include Gildan Activewear (NYSE: [ GIL ]), Phillips Van Heusen (NYSE: [ PVH ]), Jones Apparel (NYSE: [ JNY ]), Deckers Outdoor (Nasdaq: [ DECK ]) and Skechers USA (NYSE: [ SKX ]).

Zacks Industry Rank Analysis is written by Dirk Van Dijk, CFA, Chief Equity Strategist, Zacks.com.

Dress Up Your Portfolio

There are two fairly large and closely related industries that appear very attractive this week. The first is Textiles and Apparel. It is a fairly large industry with 21 firms, even if many of the firms are rather small. However, of those 21 firms, eight of them hold the coveted Zacks #1 Rank, (Strong Buy), and another 11 hold a Zacks #2 Rank (Buy).

Since only the most attractive 5% of all firms are awarded a Zacks #1 Rank, and only the next 15% get a #2 rank, having 38% of the firms in the industry with a #1, and an additional 52% with #2 ranks is enough to sit up and take note. Overall, the industry is in fourth place among the 255 industries we rank, with an average score of 1.76 versus 2.00 last week. That was enough to improve their placement by one spot.

Well, if your clothes are going to look sharp, then your feet should too (or at least thata™s what my daughter tells me, personally I really dona™t care about nice clothes or shoes, much to her dismay). The Shoe and Related industry is also relatively large with 14 firms, of which six or 42.8% hold #1 ranks while an additional four or 29% have #2 ranks. The industry was right on the heels of the Apparel industry in fifth place, an improvement of 12 slots since last week as its average score moved to 1.86 from 2.21.

Among our top-rated companies in these industries are Gildan Activewear (NYSE: [ GIL ]), Phillips Van Heusen (NYSE: [ PVH ]), Jones Apparel (NYSE: [ JNY ]), Deckers Outdoor (Nasdaq: [ DECK ]) and Skechers USA (NYSE: [ SKX ]).

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