AutoZone Inc (AZO): Today's Featured Retail Laggard

AutoZone ( AZO) pushed the Retail industry lower today making it today's featured Retail laggard. The industry as a whole closed the day up 0.5%. By the end of trading, AutoZone fell $7.49 (-1.8%) to $413.99 on heavy volume. Throughout the day, 479,278 shares of AutoZone exchanged hands as compared to its average daily volume of 266,400 shares. The stock ranged in price between $412.84-$421.29 after having opened the day at $419.44 as compared to the previous trading day's close of $421.48. Other companies within the Retail industry that declined today were: dELiA*s ( DLIA), down 5.0%, Alon Blue Square Israel ( BSI), down 3.6%, E-Commerce China Dangdang ( DANG), down 3.5% and Jos A Bank Clothiers ( JOSB), down 2.1%.

AutoZone, Inc. engages in retailing and distributing automotive replacement parts and accessories. AutoZone has a market cap of $14.7 billion and is part of the services sector. The company has a P/E ratio of 16.1, below the S&P 500 P/E ratio of 17.7. Shares are up 18.9% year to date as of the close of trading on Tuesday. Currently there are 8 analysts that rate AutoZone a buy, 1 analyst rates it a sell, and 8 rate it a hold.

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

On the positive front, Acorn International ( ATV), up 7.4%, Pacific Sunwear ( PSUN), up 5.7%, Companhia Brasileira De Distribuicao ( CBD), up 4.6% and SUPERVALU ( SVU), up 3.8% , were all gainers within the retail industry with Home Depot ( HD) being today's featured retail industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the retail industry could consider SPDR S&P Retail ETF ( XRT) while those bearish on the retail industry could consider ProShares Ultra Sht Consumer Goods ( SZK).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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