3 Specialty Retail Stocks Pushing The Industry Higher
1. As of noon trading, Staples ( SPLS) is up $0.28 (1.93) to $14.79 on light volume Thus far, 3.9 million shares of Staples exchanged hands as compared to its average daily volume of 11.6 million shares. The stock has ranged in price between $14.43-$14.79 after having opened the day at $14.50 as compared to the previous trading day's close of $14.51. Staples, Inc., together with its subsidiaries, operates as an office products company. It operates in three segments: North American Stores & Online, North American Commercial, and International Operations. Staples has a market cap of $9.6 billion and is part of the services sector. Shares are up 25.4% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate Staples a buy, 1 analyst rates it a sell, and 8 rate it a hold. TheStreet Ratings rates Staples as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. Get the full Staples Ratings Report now. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE. If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the specialty retail industry could consider SPDR S&P Retail ETF ( XRT) while those bearish on the specialty retail industry could consider ProShares Ultra Sht Consumer Goods ( SZK). A reminder about TheStreet Ratings group: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.
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