StockCall.com Provides Stock Research on Coach Inc., Nike Inc., Crocs Inc., Deckers Outdoor Corp., and Iconix Brand Group Inc.
New York City, New York -- (May 24, 2013)
A data released on Thursday, May 23, 2013, by the U.S. Labor Department once again highlighted the fact that the labor market in the world’s largest economy is continuing to improve. This improvement has boosted U.S. consumer confidence as evidenced by the better-than-expected retail sales data for April released earlier this month. As the labor market continues to show signs of positivity, consumer spending is expected to remain robust in the U.S. This should benefit apparel footwear & accessories companies. Shares in apparel footwear & accessories companies ended mostly lower on Thursday, May 23, 2013, as the broad market came under pressure following the release of minutes of Federal Reserve’s most recent FOMC and some disappointing economic data from China. The major movers in the sector included Coach Inc. (NYSE: COH), Nike Inc. (NYSE: NKE), Crocs Inc. (NASDAQ: CROX), Deckers Outdoor Corp. (NASDAQ: DECK), and Iconix Brand Group Inc. (NASDAQ: ICON). StockCall has taken an interest in these companies and you can now sign up to download the free technical research on COH, NKE, CROX, DECK, and ICON at
www.stockcall.com/registration
Shares in Coach Inc. slipped yesterday, closing 0.78% lower at $58.59 after trading between $57.82 and $58.61. A total of 3.06 million shares were traded which is below the daily average volume of 5.16 million. The company’s shares are down nearly 1.60% in the last three sessions, tracking losses in the broader market. However, despite the recent losses, the stock is still up nearly 6.20% so far this year. Shares of COH are currently trading 14.75% below their 52-week high. Sign up today to read the free research report on COH at
www.StockCall.com/COH052413.pdf
Nike Inc.’s stock fell sharply on Thursday, extending its losses from previous trading sessions. The stock closed 1.74% lower at $63.33 after trading between $63.09 and $64.15 on volume of 4.31 million shares which is above the daily average volume of 3.20 million. The company’s shares are now down more than 3% in the last three sessions. However, despite the losses, the stock is still up more than 23.20% so far this year, outperforming the S&P 500. Register to download the free technical analysis on NKE at
www.StockCall.com/NKE052413.pdf
Shares in Crocs Inc. also moved lower yesterday, tracking losses in the broader market. The stock hit an intraday low of $16.57 before finishing the day 1.46% lower at $16.82. A total of 914,520 shares were traded which is below the daily average volume of 1.51 million. The company’s shares are currently trading 9.57% below their 52-week high. The stock is trading well above its 50- and 200-day moving averages. Free report on CROX can be accessed by registering a
www.StockCall.com/CROX052413.pdf
Deckers Outdoor Corp.’s stock fell sharply on Thursday, ending the day 2.08% lower at $53.71 after trading between $53.02 and $54 on volume of 879,010 shares which is below the daily average volume of 1.08 million. However, despite the sharp decline yesterday, the company’s shares are still up over 1.80% in the last three sessions. So far this year, the stock has gained more than 33.30%, outperforming the S&P 500.Register withStockCall and download the research on DECK for free at
www.StockCall.com/DECK052413.pdf
Shares in Iconix Brand Group Inc. ended slightly higher yesterday, closing 0.17% higher at $30.33. A total of 656,271 shares were trading between $29.86 and $30.54. The company’s shares have gained nearly 35.90% so far this year to trade 2.85% below their 52-week high. The stock is currently trading well above its 50- and 200-day moving averages. Read the full free research on ICON by signing up to StockCall at
www.StockCall.com/ICON052413.pdf
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