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

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

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 down 0.2%. By the end of trading, Bed Bath & Beyond rose 94 cents (1.5%) to $62.54 on average volume. Throughout the day, 3.5 million shares of Bed Bath & Beyond exchanged hands as compared to its average daily volume of 2.5 million shares. The stock ranged in a price between $61.46-$62.57 after having opened the day at $61.46 as compared to the previous trading day's close of $61.60. Other companies within the Retail industry that increased today were: China Nepstar Chain Drugstore ( NPD), up 5.6%, Brazilian Distribution Company ( CBD), up 4.5%, HHGregg Incorporated ( HGG), up 4.2%, and ( BIDZ), up 4.2%.
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Bed Bath & Beyond Inc., together with its subsidiaries, operates a chain of retail stores. Bed Bath & Beyond has a market cap of $14.19 billion and is part of the services sector. The company has a P/E ratio of 14.5, equal to the average retail industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 6.3% year to date as of the close of trading on Friday. Currently there are 14 analysts that rate Bed Bath & Beyond a buy, one analyst rates it a sell, and six 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 growth in earnings per share, revenue growth, notable return on equity, 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 has had sub par growth in net income.

On the negative front, Schiff Nutrition International ( SHF), down 5.5%, Alon Holdings Blue Square - Israel ( BSI), down 4.6%, China Jo-Jo Drugstores ( CJJD), down 4.4%, and Builders FirstSource ( BLDR), down 3.3%, were all laggards within the retail industry with Urban Outfitters ( URBN) being today's retail industry laggard.

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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