Tractor Supply (TSCO): Today's Featured Specialty Retail Leader

Tractor Supply ( TSCO) pushed the Specialty Retail industry higher today making it today's featured specialty retail leader. The industry as a whole closed the day up 0.2%. By the end of trading, Tractor Supply rose $1.77 (2.2%) to $81.30 on average volume. Throughout the day, one million shares of Tractor Supply exchanged hands as compared to its average daily volume of 1.2 million shares. The stock ranged in a price between $79.90-$81.79 after having opened the day at $80.06 as compared to the previous trading day's close of $79.53. Other companies within the Specialty Retail industry that increased today were: Bluefly ( BFLY), up 6%, Books-A-Million ( BAMM), up 6%, Tiffany ( TIF), up 3.5%, and Sally Beauty Holdings ( SBH), up 3.3%.

Tractor Supply Company operates retail farm and ranch stores in the United States. Tractor Supply has a market cap of $5.66 billion and is part of the services sector. The company has a P/E ratio of 23.7, equal to the average specialty retail industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 12% year to date as of the close of trading on Wednesday. Currently there are 12 analysts that rate Tractor Supply a buy, no analysts rate it a sell, and eight rate it a hold.

TheStreet Ratings rates Tractor Supply as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, notable return on equity and good cash flow from operations. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.

On the negative front, Lentuo International ( LAS), down 8.9%, Birks & Mayors ( BMJ), down 6.8%, AutoNation ( AN), down 3.9%, and Sport Chalet ( SPCHA), down 3.8%, were all laggards within the specialty retail industry with Dick's Sporting Goods ( DKS) being today's specialty retail industry laggard.

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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