Netflix Inc. (NFLX): Today's Featured Specialty Retail Winner
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.
(
) 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:
(
), up 3.6%,
(
), up 3.4%,
Big 5 Sporting Goods Corporation
(
), up 3.2% and
(
), 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
. 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.
- You can view the full Netflix Ratings Report.
On the negative front,
(
), down 17.1%,
Birks & Mayors
(
BMJ
), down 5.0%,
(
), down 4.3% and
(
), down 3.9% , were all laggards within the specialty retail industry with
(
) being today's specialty retail industry laggard.
- Use our specialty retail section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the specialty retail industry could consider
(
) while those bearish on the specialty retail industry could consider
ProShares Ultra Sht Consumer Goods
(
).
- Find other investment ideas from our top rated ETFs lists.
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