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

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

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 1.1%. By the end of trading, Staples rose $0.38 (2.4%) to $16.50 on average volume. Throughout the day, 6,951,250 shares of Staples exchanged hands as compared to its average daily volume of 7,876,500 shares. The stock ranged in a price between $16.01-$16.50 after having opened the day at $16.02 as compared to the previous trading day's close of $16.12. Other companies within the Specialty Retail industry that increased today were: MarineMax ( HZO), up 11.7%, 1-800 ( FLWS), up 7.4%, CSS Industries ( CSS), up 5.9% and CST Brands ( CST), 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 $11.0 billion and is part of the services sector. Shares are up 45.3% year to date as of the close of trading on Wednesday. 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 solid stock price performance, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. 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, Winmark Corporation ( WINA), down 4.2%, Titan Machinery ( TITN), down 3.6%, Dover Saddlery ( DOVR), down 2.9% and Charles & Colvard ( CTHR), down 2.1% , were all laggards within the specialty retail industry with Tractor Supply ( TSCO) 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.

If you liked this article you might like

'Cloud Wars' Intensify; Staples Shows Some Staying Power -- ICYMI Friday

Brick-and-Mortar Stores Like Staples Reign Supreme for Back-to-School Supplies

In Retailers' Gang War, This Is Why I Am Rooting for Walmart: Market Recon