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 Retail industry lower today making it today's featured Retail laggard. The industry as a whole closed the day down 0.3%. By the end of trading, Bed Bath & Beyond fell $1.09 (-1.4%) to $75.30 on average volume. Throughout the day, 1,603,838 shares of Bed Bath & Beyond exchanged hands as compared to its average daily volume of 1,942,800 shares. The stock ranged in price between $74.47-$75.37 after having opened the day at $74.70 as compared to the previous trading day's close of $76.39. Other companies within the Retail industry that declined today were:
), down 9.7%,
), down 4.3%,
), down 4.0% and
), down 3.5%.
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Bed Bath & Beyond Inc., together with its subsidiaries, operates a chain of retail stores. Bed Bath & Beyond has a market cap of $16.5 billion and is part of the services sector. Shares are up 35.8% year to date as of the close of trading on Thursday. Currently there are 13 analysts that rate Bed Bath & Beyond a buy, 1 analyst rates it a sell, and 7 rate it a hold.
TheStreet Ratings rates
Bed Bath & Beyond
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in stock price during the past year, growth in earnings per share, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Bed Bath & Beyond Ratings Report.
On the positive front,
), up 6.8%,
), up 3.5%,
), up 3.1% and
), up 2.8% , were all gainers within the retail industry with
) being today's featured retail industry leader.
- Use our retail section to find industry-relevant news.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the retail industry could consider
) while those bearish on the retail industry could consider
- Find other investment ideas from our top rated ETFs lists.