Best Buy Co Inc (BBY): 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.

Best Buy ( BBY) pushed the Retail industry higher today making it today's featured retail winner. The industry as a whole closed the day down 0.7%. By the end of trading, Best Buy rose 55 cents (3.6%) to $15.85 on average volume. Throughout the day, 7.1 million shares of Best Buy exchanged hands as compared to its average daily volume of seven million shares. The stock ranged in a price between $15.54-$16.25 after having opened the day at $15.61 as compared to the previous trading day's close of $15.30. Other companies within the Retail industry that increased today were: QKL Stores ( QKLS), up 4.7%, Citi Trends ( CTRN), up 4.6%, GameStop ( GME), up 4.4%, and Vitacost.com ( VITC), up 3.8%.
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Best Buy Co., Inc. operates as a retailer of consumer electronics, computing and mobile phone products, entertainment products, appliances, and related services primarily in the United States, Europe, Canada, and China. Best Buy has a market cap of $5.14 billion and is part of the services sector. The company has a P/E ratio of -5.3, below the S&P 500 P/E ratio of 17.7. Shares are down 34.5% year to date as of the close of trading on Friday. Currently there is one analyst that rates Best Buy a buy, one analyst rates it a sell, and 17 rate it a hold.

TheStreet Ratings rates Best Buy as a hold. The company's strongest point has been its a solid financial position based on a variety of debt and liquidity measures that we have looked at. At the same time, however, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins.

On the negative front, Bidz.com ( BIDZ), down 42.6%, J.C. Penney ( JCP), down 12.9%, ALCO Stores ( ALCS), down 7.5%, and U.S. Auto Parts Network ( PRTS), down 6.1%, were all laggards within the retail industry with O'Reilly Automotive ( ORLY) 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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