Netflix Inc. (NFLX): Today's Featured Specialty Retail Winner

Netflix was a winner within the specialty retail industry, rising $7.44 (2.9%) to $267.92 on average volume
By TheStreet Wire ,

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Netflix

(

NFLX

) pushed the Specialty Retail industry higher today making it today's featured specialty retail winner. The industry as a whole closed the day down 0.3%. By the end of trading, Netflix rose $7.44 (2.9%) to $267.92 on average volume. Throughout the day, 2,765,486 shares of Netflix exchanged hands as compared to its average daily volume of 3,660,200 shares. The stock ranged in a price between $258.67-$268.26 after having opened the day at $261.24 as compared to the previous trading day's close of $260.48. Other companies within the Specialty Retail industry that increased today were:

1-800 Flowers.com

(

FLWS

), up 3.6%,

Barnes & Noble

(

BKS

), up 3.4%,

Big 5 Sporting Goods Corporation

(

BGFV

), up 3.2% and

Copart

(

CPRT

), up 2.9%.

Netflix, Inc. provides Internet television network service that enables subscribers to stream TV shows and movies directly on TVs, computers, and mobile devices in the United States and internationally. Netflix has a market cap of $14.5 billion and is part of the services sector. Shares are up 178.6% year to date as of the close of trading on Tuesday. Currently there are 6 analysts that rate Netflix a buy, 5 analysts rate it a sell, and 15 rate it a hold.

TheStreet Ratings rates Netflix as a

hold

. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, weak operating cash flow and generally higher debt management risk.

On the negative front,

Zagg

(

ZAGG

), down 17.1%,

Birks & Mayors

(

BMJ

), down 5.0%,

Sport Chalet

(

SPCHB

), down 4.3% and

CSS Industries

(

CSS

), down 3.9% , were all laggards within the specialty retail industry with

Tractor Supply

(

TSCO

) being today's specialty retail industry laggard.

For investors not wanting singular stock exposure, 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

).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

null

Loading ...