Friday, December 6, 2013

4 Fashion and Apparel Stocks to Buy Now

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The grades of four fashion and apparel stocks are better this week, according to the Portfolio Grader database. Every one of these stocks has an “A” (“strong buy”) or “B” overall (“buy”) rating.

Wolverine World Wide, Inc. () is bettering its rating of C (“hold”) from last week to a B (“buy”) this week. Wolverine World Wide is a designer, manufacturer, and marketer of a range of quality casual shoes, rugged outdoor and work footwear. In Portfolio Grader’s specific subcategories of Earnings Surprise and Equity, WWW also gets A’s. .

Iconix Brand Group, Inc. () is seeing ratings go up from a C last week to a B this week. Iconix Brand Group is a brand management company that is engaged in licensing, marketing, and providing trend direction for several owned consumer brands. Shares of ICON have increased 8% over the past month, better than the 1.3% decrease the Nasdaq has seen over the same period of time. .

Zuoan Fashion () earns a B this week, jumping up from last week’s grade of C. Zuoan engages in the design and distribution of fashion menswear. .

This is a strong week for Charles & Colvard, Ltd. (). The company’s rating climbs to B from the previous week’s C. Charles & Colvard manufactures, markets, and distributes moissanite jewels and finished jewelry featuring moissanite in the United States and internationally. .

Louis Navellier’s proprietary Portfolio Grader stock ranking system assesses roughly 5,000 companies every week based on a number of fundamental and quantitative measures. Stocks are given a letter grade based on their results — with A being “strong buy,” and F being “strong sell.” Explore the tool here.

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