3 Stocks Dragging The Specialty Retail Industry Downward
1. As of noon trading, Tiffany ( TIF) is down $0.74 (-0.9%) to $77.09 on light volume Thus far, 335,402 shares of Tiffany exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $76.74-$77.95 after having opened the day at $77.64 as compared to the previous trading day's close of $77.83. Tiffany & Co., through its subsidiaries, engages in the design, manufacture, and retail of jewelry worldwide. The company operates through Americas, Asia-Pacific, Japan, Europe, and Other segments. Tiffany has a market cap of $10.1 billion and is part of the services sector. The company has a P/E ratio of 24.2, above the S&P 500 P/E ratio of 17.7. Shares are up 35.7% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Tiffany a buy, 1 analyst rates it a sell, and 12 rate it a hold. TheStreet Ratings rates Tiffany as a buy. 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, good cash flow from operations, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Tiffany Ratings Report now. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more. If you are interested in one of these 4 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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