Top 5 Consumer Discretionary Sector Stock Buys
By:NewsyStocks   Wednesday, July 20, 2021 1:53 PM

The Consumer Discretionary sector comprises of companies that sell nonessential goods and services. Companies in this sector include retailers, media companies, consumer services companies, consumer durables and apparel companies, and automobiles and components companies. Since, the economy is getting back on track; this sector is expected to do better than it has been doing in the past couple of years. After doing some research we shortlisted some stocks, which we think are a good buy at this time.

Hooker Furniture Corp. (Nasdaq: HOFT) designs, imports, manufactures and markets residential household furniture products principally in North America. The company has a total market capitalization of $99.5 million, and has an average trading volume of 80 thousand shares. Going with the history, the company has not given returns on the stock in the last one year, as the economic conditions were not favorable sector on the whole. The company lost 8.6 percent in value in the last 1-year and about 44.5 percent in the last 5-years. However, the company has a high dividend yield of 4.44 percent. Analysts believe that the stock is currently trading at a discount of 45.76 percent and has recommended a strong buy rating on the stock with a price target of $17 a share. The stock is currently trading higher by 0.43 percent to $9.26 a share on Wednesday.

Oxford Industries Inc. (NYSE: OXM) is an international apparel design, sourcing and marketing company that features a portfolio of owned and licensed lifestyle brands. The company has a market capitalization of $598.4 million, and an average trading volume of 200 thousand shares. In the last 1-year, the company has given 86.5 percent return and in the last 5 years the returns were 7.1 percent. The difference in the returns is understandable as the economy was not doing so well since 2007 financial crisis. The stock has a dividend yield of 1.43 percent. Analysts believe that the stock is currently trading at a discount of 15.08 percent and has recommended a strong buy rating on the stock with a price target of $43.80 a share. The stock is currently trading lower by 3.21 percent to $36.78 a share today.

ValueVision Media Inc. (Nasdaq: VVTV) comes next in the list. The company is an interactive multi-media retailer that markets, sells and distributes products to consumers through various digital platforms including television, online, mobile and social media. It has a market capitalization of $360.1 million, and has an average trading volume of 600 thousand shares. The company has given 395.7 percent return in the last 1-year. However, in the last 5-years the returns have been a negative (23.6) percent. Analysts believe that the stock is currently trading at a discount of 14.95 percent and has recommended a strong buy rating on the stock with a price target of $9.50 a share. The company has a debt ratio of 18.43 percent. The stock is currently trading lower by 1.61 percent to $7.95 a share today.

Perry Ellis International Inc. (Nasdaq: PERY) is an apparel company in the United States. The company has a total market capitalization of $399.2 million and an average trading volume of 150 thousand shares. The company's earnings growth has been impressive at 5.40 percent in the last 5-years. In the last 1-year the company has given a return of 24.9 percent and in 5-years it has given returns of 54.5 percent.  The debt ratio for the company is 31.92 percent. Analysts recommend a strong buy on the stock with a price target of $35 as the stock is currently trading at a discount of 26.63 percent. PERY is currently trading lower by 0.39 percent to $25.50 a share.

TiVo Inc. (Nasdaq: TIVO) is a provider of advanced television technology and services for home entertainment. The company has a market capitalization of $1.2 billion, and has an average trading volume of 4.5 million shares. In the last 1-year TiVo has given 24.9 percent return and for the last 5-years the returns were 61.1 percent. Analysts believe that the stock is currently trading at a discount of 31.77 percent and has recommended a strong buy rating on the stock with a price target of $14.25 a share. The company has a debt ratio of 35.39 percent. The stock is currently trading lower by 1.47 percent to $10.03 a share on Wednesday.


 

Sponsors

Advertisement


Advertisement