Tiffany & Co. (TIF): Today's Featured Specialty Retail Winner

Tiffany ( TIF) pushed the Specialty Retail industry higher today making it today's featured specialty retail winner. The industry as a whole closed the day up 0.9%. By the end of trading, Tiffany rose $1.19 (1.6%) to $77.09 on average volume. Throughout the day, 1,129,406 shares of Tiffany exchanged hands as compared to its average daily volume of 1,178,300 shares. The stock ranged in a price between $76.58-$77.31 after having opened the day at $76.64 as compared to the previous trading day's close of $75.90. Other companies within the Specialty Retail industry that increased today were: Birks & Mayors ( BMJ), up 10.4%, TravelCenters of America ( TA), up 6.3%, Hollywood Media Corporation ( HOLL), up 3.6% and Big 5 Sporting Goods Corporation ( BGFV), up 3.3%.

Tiffany & Co., through its subsidiaries, engages in the design, manufacture, and retail of jewelry worldwide. The company operates through Americas, Asia-Pacific, Japan, Europe, and Other segments. Tiffany has a market cap of $9.6 billion and is part of the services sector. Shares are up 32.4% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Tiffany a buy, 1 analyst rates it a sell, and 12 rate it a hold.

TheStreet Ratings rates Tiffany 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, good cash flow from operations, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the negative front, Mecox Lane ( MCOX), down 2.8%, Zagg ( ZAGG), down 2.5%, Barnes & Noble ( BKS), down 2.5% and DGSE Companies ( DGSE), down 2.2%.

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).

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