Cabela's Rises On Unusually High Volume (CAB)

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.

NEW YORK ( TheStreet) -- Cabela's (NYSE: CAB) is trading at unusually high volume Wednesday with two million shares changing hands. It is currently at 2.2 times its average daily volume and trading up $2.74 (+5.8%) at $49.62 as of 12:36 p.m. ET.

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Cabela's has a market cap of $3.18 billion and is part of the services sector and specialty retail industry. Shares are up 8.8% year to date as of the close of trading on Tuesday.

Cabela's Incorporated, together with its subsidiaries, operates as a specialty retailer and direct marketer of hunting, fishing, camping, and related outdoor merchandise. The company has a P/E ratio of 18.5, above the S&P 500 P/E ratio of 17.7.

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. You can view the full Cabela's Ratings Report.

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