SuperValu: S&P Intraday Gainer

NEW YORK ( TheStreet) -- Food retailer SuperValu ( SVU) was the best-performing stock in the S&P 500 intraday Tuesday.

The S&P 500 fell 18.82 points, or 1.38%, to 1,345.51 in trading early Tuesday.

Shares of SuperValu rose 2.79% midday Tuesday to $6.27. The stock made Data Explorers' "dangerous shorts" list, which includes stocks that have decreased significantly in the last year and therefore might be takeover targets.

SuperValu shares hit a 52-week low Tuesday of $6.04. The stock's 52-week high of $11.76 was set on May 2.

SuperValu has an estimated price-to-earnings ratio for next year of 5.16 times; the average for food retailers and wholesalers is 33.33. For comparison, both Kroger ( KR) and Sysco ( SYY) have higher forward P/Es of 9.73 and 14.17, respectively.

Eleven of the 16 analysts who cover SuperValu rated the stock hold. Three analysts gave the stock a sell rating and two rated it buy.

TheStreet Ratings gives SuperValu a D+ grade and sell rating. The stock has fallen 22.78% year to date.

-- Written by Alexandra Zendrian

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