5 Stocks Pushing The Specialty Retail Industry Higher

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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 51 points (0.4%) at 14,033 as of Tuesday, Feb. 19, 2013, 11:50 AM ET. The NYSE advances/declines ratio sits at 1,948 issues advancing vs. 943 declining with 147 unchanged.

The Specialty Retail industry currently sits up 1.4% versus the S&P 500, which is up 0.5%.

TheStreet Ratings group would like to highlight 5 stocks pushing the industry higher today:

5. Luxottica Group ( LUX) is one of the companies pushing the Specialty Retail industry higher today. As of noon trading, Luxottica Group is up $0.68 (1.5%) to $46.01 on light volume Thus far, 30,406 shares of Luxottica Group exchanged hands as compared to its average daily volume of 181,900 shares. The stock has ranged in price between $45.81-$46.10 after having opened the day at $45.90 as compared to the previous trading day's close of $45.33.

Luxottica Group S.p.A., together with its subsidiaries, provides fashion, luxury, and sports eyewear worldwide. The company operates in two segments, Manufacturing and Wholesale Distribution, and Retail Distribution. Luxottica Group has a market cap of $21.3 billion and is part of the services sector. The company has a P/E ratio of 46.3, above the S&P 500 P/E ratio of 17.7. Shares are up 9.6% year to date as of the close of trading on Friday. Currently there is 1 analyst that rates Luxottica Group a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Luxottica Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, increase in net income, good cash flow from operations and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Luxottica Group Ratings Report now.

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