Staples Inc. (SPLS): Today's Featured Specialty Retail Winner

Staples ( SPLS) pushed the Specialty Retail industry higher today making it today's featured specialty retail winner. The industry as a whole closed the day up 0.6%. By the end of trading, Staples rose $0.30 (1.9%) to $16.31 on light volume. Throughout the day, 4,326,393 shares of Staples exchanged hands as compared to its average daily volume of 8,679,900 shares. The stock ranged in a price between $16.11-$16.40 after having opened the day at $16.20 as compared to the previous trading day's close of $16.01. Other companies within the Specialty Retail industry that increased today were: Zale Corporation ( ZLC), up 8.7%, Netflix ( NFLX), up 6.1%, Barnes & Noble ( BKS), up 5.4% and Titan Machinery ( TITN), up 4.2%.

Staples, Inc., together with its subsidiaries, operates as an office products company. It operates in three segments: North American Stores & Online, North American Commercial, and International Operations. Staples has a market cap of $10.6 billion and is part of the services sector. Shares are up 40.4% year to date as of the close of trading on Monday. Currently there are 6 analysts that rate Staples a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates Staples as a hold. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins.

On the negative front, Sport Chalet ( SPCHB), down 13.9%, Birks & Mayors ( BMJ), down 7.3%, Sport Chalet ( SPCHA), down 6.6% and Books-A-Million ( BAMM), down 4.0% , were all laggards within the specialty retail industry with Dick's Sporting Goods ( DKS) 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).

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