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. Abercrombie & Fitch ( ANF) pushed the Retail industry higher today making it today's featured retail winner. The industry as a whole closed the day down 0.8%. By the end of trading, Abercrombie & Fitch rose $1.74 (3.8%) to $47.20 on average volume. Throughout the day, 2.8 million shares of Abercrombie & Fitch exchanged hands as compared to its average daily volume of 2.1 million shares. The stock ranged in a price between $45.31-$47.66 after having opened the day at $45.64 as compared to the previous trading day's close of $45.46. Other companies within the Retail industry that increased today were: Conn's ( CONN), up 8.1%, Acorn International ( ATV), up 7%, Pacific Sunwear ( PSUN), up 6.3%, and Body Central ( BODY), up 3.4%.
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Abercrombie & Fitch Co., through its subsidiaries, operates as a specialty retailer of casual apparel for men, women, and kids. Abercrombie & Fitch has a market cap of $3.66 billion and is part of the services sector. The company has a P/E ratio of 34, above the S&P 500 P/E ratio of 17.7. Shares are down 5.2% year to date as of the close of trading on Tuesday. Currently there are 12 analysts that rate Abercrombie & Fitch a buy, no analysts rate it a sell, and 12 rate it a hold. TheStreet Ratings rates Abercrombie & Fitch as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.