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 up 0.2%. By the end of trading, L Brands fell $1.25 (-2.1%) to $58.60 on average volume. Throughout the day, 3,641,260 shares of L Brands exchanged hands as compared to its average daily volume of 2,465,800 shares. The stock ranged in price between $57.01-$59.97 after having opened the day at $59.51 as compared to the previous trading day's close of $59.85. Other companies within the Retail industry that declined today were:
), down 17.7%,
), down 15.4%,
), down 11.9% and
), down 10.7%.
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L Brands, Inc. operates as a specialty retailer of women's intimate and other apparel, beauty and personal care products, and accessories. L Brands has a market cap of $17.6 billion and is part of the services sector. Shares are up 27.2% year to date as of the close of trading on Wednesday. Currently there are 11 analysts that rate L Brands a buy, 3 analysts rate it a sell, and 9 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, good cash flow from operations, growth in earnings per share and increase in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.
- You can view the full L Brands Ratings Report.
On the positive front,
), up 10.5%,
), up 6.2%,
), up 5.5% and
), up 5.4% , were all gainers within the retail industry with
) being today's featured retail industry leader.
- Use our 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 retail industry could consider
) while those bearish on the retail industry could consider
- Find other investment ideas from our top rated ETFs lists.