March 06, 2012 at 18:23 PM EST
Apparel Stocks Offer Buy Points, But Does It Matter?
Most apparel maker stocks don't pay a dividend. Of those that do, three are in the Big Cap 20. Apparel has shown some strength recently. As of Tuesday's IBD, the apparel group was rated No. 46 of 197 industry groups. That's not elite status, but it is up from No. 93 six weeks ago. The prudent investor might want to hold back to see if the group can rise further. Research shows the industry group accounts for 37% of a stock's performance. The
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