Bed Bath & Beyond Inc. (BBBY): Today's Featured Retail Winner

Bed Bath & Beyond ( BBBY) pushed the Retail industry higher today making it today's featured retail winner. The industry as a whole closed the day up 1.5%. By the end of trading, Bed Bath & Beyond rose $1.57 (2.2%) to $71.61 on average volume. Throughout the day, 2.3 million shares of Bed Bath & Beyond exchanged hands as compared to its average daily volume of 2.8 million shares. The stock ranged in a price between $69.58-$71.74 after having opened the day at $69.69 as compared to the previous trading day's close of $70.04. Other companies within the Retail industry that increased today were: Charming Shoppes ( CHRS), up 23.9%, American Eagle Outfitters ( AEO), up 16.8%, Ascena Retail Group ( ASNA), up 10.4%, and Overstock.com ( OSTK), up 8.6%.

Bed Bath & Beyond Inc., together with its subsidiaries, operates a chain of retail stores. Bed Bath & Beyond has a market cap of $16.46 billion and is part of the services sector. The company has a P/E ratio of 17.3, equal to the average retail industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 20.8% year to date as of the close of trading on Tuesday. Currently there are 14 analysts that rate Bed Bath & Beyond a buy, one analyst rates it a sell, and seven rate it a hold.

TheStreet Ratings rates Bed Bath & Beyond as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the negative front, Pep Boys - Manny Moe & Jack ( PBY), down 3.6%, Stein Mart ( SMRT), down 3.5%, Delhaize Group ( DEG), down 2.9%, and RadioShack ( RSH), down 2.9%, were all losers within the retail industry with J.C. Penney ( JCP) being today's retail industry loser.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the retail industry could consider SPDR S&P Retail ETF ( XRT) while those bearish on the retail industry could consider ProShares Ultra Sht Consumer Goods ( SZK).
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