Bed Bath & Beyond Inc. (BBBY): Today's Featured Retail Laggard

Bed Bath & Beyond ( BBBY) pushed the Retail industry lower today making it today's featured Retail laggard. The industry as a whole closed the day down 0.7%. By the end of trading, Bed Bath & Beyond fell $0.91 (-1.2%) to $75.68 on average volume. Throughout the day, 1,568,361 shares of Bed Bath & Beyond exchanged hands as compared to its average daily volume of 2,061,500 shares. The stock ranged in price between $75.25-$76.92 after having opened the day at $76.76 as compared to the previous trading day's close of $76.59. Other companies within the Retail industry that declined today were: China Jo-Jo Drugstores ( CJJD), down 16.0%, ( STMP), down 11.1%, Liquidity Service ( LQDT), down 7.9% and ( OSTK), down 6.2%.

Bed Bath & Beyond Inc., together with its subsidiaries, operates a chain of retail stores. Bed Bath & Beyond has a market cap of $16.7 billion and is part of the services sector. Shares are up 37.3% year to date as of the close of trading on Monday. Currently there are 13 analysts that rate Bed Bath & Beyond a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates Bed Bath & Beyond as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, growth in earnings per share, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, dELiA*s ( DLIA), up 4.6%, Susser Holdings Corporation ( SUSS), up 4.4%, Ingles Markets ( IMKTA), up 3.7% and Casey's General Stores ( CASY), up 3.5% , were all gainers within the retail industry with Rite Aid Corporation ( RAD) 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.

If you liked this article you might like

Watch Out For the Dominoes That Fall: Cramer's 'Mad Money' Recap (Wed 9/20/17)

Dow, S&P 500 Set New Records as Fed Moves to Unwind Balance Sheet

Cramer: Dominoes Are in Play Today

Stocks In Negative Territory as Chances for December Hike Surge

Cramer: Bed, Bath & Beyond's Share Buyback Was A Waste Of Money