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

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.

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 0.3%. By the end of trading, Bed Bath & Beyond fell $1.09 (-1.4%) to $75.30 on average volume. Throughout the day, 1,603,838 shares of Bed Bath & Beyond exchanged hands as compared to its average daily volume of 1,942,800 shares. The stock ranged in price between $74.47-$75.37 after having opened the day at $74.70 as compared to the previous trading day's close of $76.39. Other companies within the Retail industry that declined today were: dELiA*s ( DLIA), down 9.7%, Fairway Group Holdings Corp Class A ( FWM), down 4.3%, Christopher & Banks Corporation ( CBK), down 4.0% and Stein Mart ( SMRT), down 3.5%.

Bed Bath & Beyond Inc., together with its subsidiaries, operates a chain of retail stores. Bed Bath & Beyond has a market cap of $16.5 billion and is part of the services sector. Shares are up 35.8% year to date as of the close of trading on Thursday. 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, increase in stock price during the past year, 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, LightInTheBox Holding Co Ltd ADR ( LITB), up 6.8%, Overstock.com ( OSTK), up 3.5%, GameStop ( GME), up 3.1% and Amazon.com ( AMZN), up 2.8% , were all gainers within the retail industry with J.C. Penney ( JCP) 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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