Office Depot Inc (ODP): Today's Featured Specialty 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.

Office Depot ( ODP) pushed the Specialty Retail industry higher today making it today's featured specialty retail winner. The industry as a whole closed the day down 0.2%. By the end of trading, Office Depot rose 6 cents (1.5%) to $4.07 on average volume. Throughout the day, 8.8 million shares of Office Depot exchanged hands as compared to its average daily volume of 10.9 million shares. The stock ranged in a price between $4.05-$4.14 after having opened the day at $4.11 as compared to the previous trading day's close of $4.01. Other companies within the Specialty Retail industry that increased today were: TravelCenters of America ( TA), up 19%, Sport Chalet ( SPCHB), up 9.3%, Books-A-Million ( BAMM), up 4.3%, and Zale Corporation ( ZLC), up 4%.
  • 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.

Office Depot, Inc., together with its subsidiaries, supplies office products and services. Office Depot has a market cap of $1.16 billion and is part of the services sector. Shares are up 22.6% year to date as of the close of trading on Friday. Currently there are no analysts that rate Office Depot a buy, one analyst rates it a sell, and 10 rate it a hold.

TheStreet Ratings rates Office Depot as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, poor profit margins, weak operating cash flow and feeble growth in its earnings per share.

On the negative front, Lentuo International ( LAS), down 6.5%, Birks & Mayors ( BMJ), down 6.3%, Ferrellgas Partners ( FGP), down 4.9%, and Hastings Entertainment ( HAST), down 4.4%, were all laggards within the specialty retail industry with Cabela's ( CAB) being today's specialty retail industry laggard.

For investors not wanting singular stock exposure, 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).

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.
null

If you liked this article you might like

'Cloud Wars' Intensify; Staples Shows Some Staying Power -- ICYMI Friday

North Korea Threat Pulls Wall Street Lower

Geopolitical Risk Is So Hot, Investors Get Primed for the Ultimate Fire Sale: Market Recon

North Korea, Disney and Netflix - 5 Things You Must Know Before the Market Opens