3 Stocks Pushing The Specialty Retail Industry Lower

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

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 28 points (-0.2%) at 13,217 as of Thursday, Dec. 13, 2012, 12:05 PM ET. The NYSE advances/declines ratio sits at 1,125 issues advancing vs. 1,742 declining with 157 unchanged.

The Specialty Retail industry currently sits up 0.5% versus the S&P 500, which is down 0.3%.

TheStreet Ratings group would like to highlight 3 stocks pushing the industry lower today:

3. Penske Automotive Group ( PAG) is one of the companies pushing the Specialty Retail industry lower today. As of noon trading, Penske Automotive Group is down $0.22 (-0.8%) to $28.52 on light volume Thus far, 54,358 shares of Penske Automotive Group exchanged hands as compared to its average daily volume of 362,900 shares. The stock has ranged in price between $28.39-$28.98 after having opened the day at $28.73 as compared to the previous trading day's close of $28.74.

Penske Automotive Group, Inc. operates as an automotive retailer. Penske Automotive Group has a market cap of $2.6 billion and is part of the services sector. The company has a P/E ratio of 14.2, below the S&P 500 P/E ratio of 17.7. Shares are up 51.1% year to date as of the close of trading on Wednesday. Currently there are 6 analysts that rate Penske Automotive Group a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Penske Automotive Group as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, robust revenue growth and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Penske Automotive Group Ratings Report now.

EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass

2. As of noon trading, Cabela's ( CAB) is down $0.48 (-1.1%) to $44.96 on light volume Thus far, 130,504 shares of Cabela's exchanged hands as compared to its average daily volume of 773,000 shares. The stock has ranged in price between $44.94-$45.84 after having opened the day at $45.21 as compared to the previous trading day's close of $45.44.

Cabela's Incorporated, together with its subsidiaries, operates as a specialty retailer and direct marketer of hunting, fishing, camping, and related outdoor merchandise. Cabela's has a market cap of $3.3 billion and is part of the services sector. The company has a P/E ratio of 19.1, above the S&P 500 P/E ratio of 17.7. Shares are up 78.8% year to date as of the close of trading on Wednesday. Currently there are 4 analysts that rate Cabela's a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Cabela's as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Cabela's Ratings Report now.

EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass

1. As of noon trading, PetSmart ( PETM) is down $0.43 (-0.6%) to $69.75 on light volume Thus far, 199,720 shares of PetSmart exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $69.71-$70.75 after having opened the day at $70.31 as compared to the previous trading day's close of $70.18.

PetSmart, Inc., together with its subsidiaries, operates as a specialty retailer of products, services, and solutions for pets in the United States, Puerto Rico, and Canada. PetSmart has a market cap of $7.5 billion and is part of the services sector. The company has a P/E ratio of 21.8, above the S&P 500 P/E ratio of 17.7. Shares are up 36.6% year to date as of the close of trading on Wednesday. Currently there are 9 analysts that rate PetSmart a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates PetSmart as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full PetSmart Ratings Report now.

EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass

If you are interested in one of these 5 stocks, 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).

A reminder about TheStreet Ratings group: 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.

null

More from Markets

Comcast's Brian Roberts vs. Disney's Bob Iger: Which Titan Will Nab Fox?

Comcast's Brian Roberts vs. Disney's Bob Iger: Which Titan Will Nab Fox?

Online Retailers Hit by Supreme Court Ruling Requiring Sales Tax Collection

Online Retailers Hit by Supreme Court Ruling Requiring Sales Tax Collection

Dow Logs Eighth Straight Drop as Stocks Slump

Dow Logs Eighth Straight Drop as Stocks Slump

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

U.S. Markets 'Definitively' Missing Out on Capital by Barring Cannabis Companies

U.S. Markets 'Definitively' Missing Out on Capital by Barring Cannabis Companies