PetSmart Inc. (PETM): 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.

PetSmart ( PETM) pushed the Specialty Retail industry higher today making it today's featured specialty retail winner. The industry as a whole closed the day down 0.8%. By the end of trading, PetSmart rose $0.96 (1.3%) to $74.42 on average volume. Throughout the day, 1,294,122 shares of PetSmart exchanged hands as compared to its average daily volume of 1,089,300 shares. The stock ranged in a price between $73.51-$74.58 after having opened the day at $73.56 as compared to the previous trading day's close of $73.46. Other companies within the Specialty Retail industry that increased today were: Mecox Lane ( MCOX), up 8.8%, Sport Chalet ( SPCHA), up 8.1%, Charles & Colvard ( CTHR), up 3.8% and China Auto Logistics ( CALI), up 1.7%.

PetSmart, Inc., together with its subsidiaries, operates as a specialty retailer of products, services, and solutions for pets in the United States, Puerto Rico, and Canada. PetSmart has a market cap of $7.6 billion and is part of the services sector. Shares are up 7.5% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate PetSmart a buy, no analysts rate it a sell, and 14 rate it a hold.

TheStreet Ratings rates PetSmart as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth, notable return on equity, increase in stock price during the past year and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the negative front, Hastings Entertainment ( HAST), down 10.4%, Lentuo International ( LAS), down 7.5%, 1-800 Flowers.com ( FLWS), down 7.5% and Barnes & Noble ( BKS), down 5.0% , were all laggards within the specialty retail industry with Staples ( SPLS) 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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