5 Stocks Moving The Specialty Retail Industry Upward

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All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 44 points (0.3%) at 15,464 as of Tuesday, Aug. 13, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,183 issues advancing vs. 1,800 declining with 78 unchanged.

The Specialty Retail industry currently sits up 0.1% versus the S&P 500, which is up 0.2%. On the negative front, top decliners within the industry include Mecox Lane ( MCOX), down 18.5%, and Luxottica Group ( LUX), down 0.7%.

TheStreet would like to highlight 5 stocks pushing the industry higher today:

5. Tumi Holdings ( TUMI) is one of the companies pushing the Specialty Retail industry higher today. As of noon trading, Tumi Holdings is up $0.85 (3.9%) to $22.50 on heavy volume. Thus far, 370,394 shares of Tumi Holdings exchanged hands as compared to its average daily volume of 428,600 shares. The stock has ranged in price between $21.52-$22.54 after having opened the day at $21.70 as compared to the previous trading day's close of $21.65.

Tumi Holdings, Inc. designs, produces, and markets a range of travel and business products, and accessories. Tumi Holdings has a market cap of $1.5 billion and is part of the services sector. Shares are up 3.8% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate Tumi Holdings a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Tumi Holdings as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. Get the full Tumi Holdings Ratings Report now.

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