According to
Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best apparel manufacturing stocks to buy right now are:
1. Ralph Lauren (NYSE:RL)
Ralph Lauren (NYSE:RL) is the #1 top apparel manufacturing stock out of 24 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year.
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The Component Grade breakdown for Ralph Lauren (NYSE:RL) is: Value: C, Growth: B, Momentum: C, Sentiment: B, Safety: C, Financials: A, and AI: C.
Ralph Lauren (NYSE:RL) has a Due Diligence Score of 52, which is 19 points higher than the apparel manufacturing industry average of 33.
RL passed 20 out of 38 due diligence checks and has strong fundamentals. Ralph Lauren has seen its stock return 34.08% over the past year, overperforming other apparel manufacturing stocks by 48 percentage points.
Ralph Lauren has an average 1 year
price target of $288.58, an upside of 28.86% from Ralph Lauren's current stock price of $223.95.
Ralph Lauren stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 12 analysts covering Ralph Lauren, 66.67% have issued a Strong Buy rating, 25% have issued a Buy, 8.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Kontoor Brands (NYSE:KTB)
Kontoor Brands (NYSE:KTB) is the #2 top apparel manufacturing stock out of 24 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year.
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The Component Grade breakdown for Kontoor Brands (NYSE:KTB) is: Value: C, Growth: C, Momentum: C, Sentiment: C, Safety: B, Financials: A, and AI: B.
Kontoor Brands (NYSE:KTB) has a Due Diligence Score of 51, which is 18 points higher than the apparel manufacturing industry average of 33.
KTB passed 19 out of 38 due diligence checks and has strong fundamentals. Kontoor Brands has seen its stock lose -4.76% over the past year, overperforming other apparel manufacturing stocks by 9 percentage points.
Kontoor Brands has an average 1 year
price target of $85.40, an upside of 40.51% from Kontoor Brands's current stock price of $60.78.
Kontoor Brands stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Kontoor Brands, 80% have issued a Strong Buy rating, 0% have issued a Buy, 20% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. G III Apparel Group (NASDAQ:GIII)
The Component Grade breakdown for G III Apparel Group (NASDAQ:GIII) is: Value: A, Growth: C, Momentum: C, Sentiment: C, Safety: C, Financials: B, and AI: B.
G III Apparel Group (NASDAQ:GIII) has a Due Diligence Score of 45, which is 12 points higher than the apparel manufacturing industry average of 33.
GIII passed 14 out of 33 due diligence checks and has strong fundamentals. G III Apparel Group has seen its stock lose -13.04% over the past year, overperforming other apparel manufacturing stocks by 1 percentage points.
G III Apparel Group has an average 1 year
price target of $32.20, an upside of 29.11% from G III Apparel Group's current stock price of $24.94.
G III Apparel Group stock has a consensus Hold recommendation according to Wall Street analysts. Of the 5 analysts covering G III Apparel Group, 40% have issued a Strong Buy rating, 0% have issued a Buy, 40% have issued a hold, while 0% have issued a Sell rating, and 20% have issued a Strong Sell.