Macy's Inc (M): Today's Featured Retail Winner

Macy's ( M) pushed the Retail industry higher today making it today's featured retail winner. The industry as a whole closed the day down 0.8%. By the end of trading, Macy's rose 26 cents (0.8%) to $33.90 on average volume. Throughout the day, five million shares of Macy's exchanged hands as compared to its average daily volume of 6.5 million shares. The stock ranged in a price between $32.98-$33.93 after having opened the day at $33.52 as compared to the previous trading day's close of $33.64. Other companies within the Retail industry that increased today were: SUPERVALU ( SVU), up 6.3%, Christopher & Banks Corporation ( CBK), up 3.4%, Pharmerica Corporation ( PMC), up 2.5%, and IAC/InterActiveCorp ( IACI), up 2.5%.

Macy's, Inc., together with its subsidiaries, operates stores and Internet Websites in the United States. Its retail stores and Internet Web sites sell a range of merchandise, including apparel and accessories for men, women, and children; cosmetics; home furnishings; and other consumer goods. Macy's has a market cap of $13.56 billion and is part of the services sector. The company has a P/E ratio of 10.8, equal to the average retail industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 2% year to date as of the close of trading on Friday. Currently there are 10 analysts that rate Macy's a buy, no analysts rate it a sell, and four rate it a hold.

TheStreet Ratings rates Macy's as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, reasonable valuation levels, solid stock price performance and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

On the negative front, Acorn International ( ATV), down 11%, China Jo-Jo Drugstores ( CJJD), down 6%, QKL Stores ( QKLS), down 5%, and Susser Holdings Corporation ( SUSS), down 4.1%, were all losers within the retail industry with eBay ( EBAY) 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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