3 Stocks Pushing The Specialty Retail Industry Downward

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 52 points (-0.4%) at 14,567 as of Thursday, April 18, 2013, 12:45 PM ET. The NYSE advances/declines ratio sits at 1,288 issues advancing vs. 1,600 declining with 135 unchanged.

The Specialty Retail industry currently sits down 0.24 versus the S&P 500, which is down 0.48. A company within the industry that fell today was CarMax ( KMX), up 1.95.

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

3. Cabela's ( CAB) is one of the companies pushing the Specialty Retail industry lower today. As of noon trading, Cabela's is down $2.34 (-4.1%) to $54.51 on heavy volume Thus far, 696,491 shares of Cabela's exchanged hands as compared to its average daily volume of 661,700 shares. The stock has ranged in price between $53.62-$57.16 after having opened the day at $56.95 as compared to the previous trading day's close of $56.85.

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 operates through three segments: Retail, Direct, and Financial Services. Cabela's has a market cap of $4.1 billion and is part of the services sector. The company has a P/E ratio of 24.1, above the S&P 500 P/E ratio of 17.7. Shares are up 36.2% year to date as of the close of trading on Wednesday.

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, revenue growth, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Cabela's Ratings Report now.

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