3 Stocks Raising 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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 65 points (-0.4%) at 15,111 as of Friday, June 14, 2013, 12:45 PM ET. The NYSE advances/declines ratio sits at 2,604 issues advancing vs. 474 declining with 57 unchanged.

The Specialty Retail industry currently sits down 0.17 versus the S&P 500, which is down 0.25.

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

3. AutoNation ( AN) is one of the companies pushing the Specialty Retail industry higher today. As of noon trading, AutoNation is up $0.70 (1.61) to $44.58 on average volume Thus far, 453,034 shares of AutoNation exchanged hands as compared to its average daily volume of 618,000 shares. The stock has ranged in price between $43.59-$44.75 after having opened the day at $43.87 as compared to the previous trading day's close of $43.87.

AutoNation, Inc., through its subsidiaries, operates as an automotive retailer in the United States. The company operates in three segments: Domestic, Import, and Premium Luxury. AutoNation has a market cap of $5.2 billion and is part of the services sector. The company has a P/E ratio of 16.4, below the S&P 500 P/E ratio of 17.7. Shares are up 10.5% year to date as of the close of trading on Thursday. Currently there is 1 analyst that rates AutoNation a buy, 2 analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates AutoNation 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, revenue growth, reasonable valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full AutoNation Ratings Report now.

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2. As of noon trading, Signet Jewelers ( SIG) is up $0.81 (1.20) to $68.44 on light volume Thus far, 153,632 shares of Signet Jewelers exchanged hands as compared to its average daily volume of 706,200 shares. The stock has ranged in price between $67.24-$68.50 after having opened the day at $67.68 as compared to the previous trading day's close of $67.63.

Signet Jewelers Limited engages in the retail sale of jewelry and watches in the United States, the United Kingdom, the Republic of Ireland, and the Channel Islands. The company operates through US and UK divisions. Signet Jewelers has a market cap of $5.4 billion and is part of the services sector. The company has a P/E ratio of 14.8, below the S&P 500 P/E ratio of 17.7. Shares are up 26.6% year to date as of the close of trading on Thursday. Currently there are 3 analysts that rate Signet Jewelers a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Signet Jewelers as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, impressive record of earnings per share growth and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Signet Jewelers Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

1. As of noon trading, Michael Kors Holdings ( KORS) is up $1.17 (1.97) to $60.67 on average volume Thus far, 1.7 million shares of Michael Kors Holdings exchanged hands as compared to its average daily volume of 4.0 million shares. The stock has ranged in price between $59.39-$60.73 after having opened the day at $59.53 as compared to the previous trading day's close of $59.50.

Michael Kors Holdings Limited engages in the design, marketing, distribution, and retail of branded women's apparel and accessories, and men's apparel. The company sells its products primarily under the names of Michael Kors, MICHAEL KORS, MICHAEL MICHAEL KORS, and KORS MICHAEL KORS. Michael Kors Holdings has a market cap of $12.2 billion and is part of the services sector. The company has a P/E ratio of 30.7, above the S&P 500 P/E ratio of 17.7. Shares are up 16.6% year to date as of the close of trading on Thursday. Currently there are 12 analysts that rate Michael Kors Holdings a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates Michael Kors Holdings as a hold. The company's strengths can be seen in multiple areas, such as its notable return on equity, robust revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we find that the stock itself is trading at a premium valuation. Get the full Michael Kors Holdings Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

If you are interested in one of these 3 stocks, 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).

A reminder about TheStreet Ratings group: 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.
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Closing Bell: LIVE MARKETS BLOG

Closing Bell: LIVE MARKETS BLOG