Sothebys (BID): 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.

Sothebys ( BID) pushed the Specialty Retail industry higher today making it today's featured specialty retail winner. The industry as a whole closed the day down 0.4%. By the end of trading, Sothebys rose $1.62 (3.7%) to $45.91 on heavy volume. Throughout the day, 2,462,547 shares of Sothebys exchanged hands as compared to its average daily volume of 1,203,300 shares. The stock ranged in a price between $44.14-$46.32 after having opened the day at $44.26 as compared to the previous trading day's close of $44.29. Other companies within the Specialty Retail industry that increased today were: Birks & Mayors ( BMJ), up 13.9%, Zale Corporation ( ZLC), up 11.0%, Trans World Entertainment ( TWMC), up 5.1% and Hollywood Media Corporation ( HOLL), up 3.5%.

Sotheby's operates as an auctioneer of authenticated fine art, decorative art, and jewelry. The company operates in three segments: Auction, Finance, and Dealer. Sothebys has a market cap of $3.0 billion and is part of the services sector. Shares are up 31.3% year to date as of the close of trading on Tuesday. Currently there are 2 analysts that rate Sothebys a buy, 1 analyst rates it a sell, and 1 rates it a hold.

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

On the negative front, China Auto Logistics ( CALI), down 24.8%, Mecox Lane ( MCOX), down 24.0%, Hastings Entertainment ( HAST), down 7.4% and Winmark Corporation ( WINA), down 4.0% , were all laggards within the specialty retail industry with Signet Jewelers ( SIG) 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.
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