Tiffany & Co. (TIF): Today's Featured Specialty Retail Winner

Tiffany ( TIF) pushed the Specialty Retail industry higher today making it today's featured specialty retail winner. The industry as a whole closed the day up 1.8%. By the end of trading, Tiffany rose $2.48 (3.8%) to $68.41 on average volume. Throughout the day, 2.1 million shares of Tiffany exchanged hands as compared to its average daily volume of 2.1 million shares. The stock ranged in a price between $66.59-$68.43 after having opened the day at $66.80 as compared to the previous trading day's close of $65.93. Other companies within the Specialty Retail industry that increased today were: iParty Corporation ( IPT), up 24.7%, Lithia Motors ( LAD), up 7.6%, Zagg ( ZAGG), up 7.5%, and Cabela's ( CAB), up 6.1%.

Tiffany & Co., through its subsidiaries, engages in the design, manufacture, and retail of fine jewelry worldwide. Tiffany has a market cap of $8.47 billion and is part of the services sector. The company has a P/E ratio of 19.7, equal to the average specialty retail industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are down 0.5% year to date as of the close of trading on Tuesday. Currently there are nine analysts that rate Tiffany a buy, no analysts rate it a sell, and eight rate it a hold.

TheStreet Ratings rates Tiffany as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the negative front, Golfsmith International Holdings ( GOLF), down 6.5%, Lentuo International ( LAS), down 4.5%, Trans World Entertainment ( TWMC), down 3.5%, and Rush ( RUSHB), down 3%, were all losers within the specialty retail industry with AutoNation ( AN) being today's specialty retail industry loser.

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).
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