GameStop Corp (GME): Today's Featured 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.

GameStop ( GME) pushed the Retail industry higher today making it today's featured retail winner. The industry as a whole closed the day up 0.2%. By the end of trading, GameStop rose $4.29 (9.0%) to $51.91 on heavy volume. Throughout the day, 10,096,335 shares of GameStop exchanged hands as compared to its average daily volume of 3,052,100 shares. The stock ranged in a price between $51.57-$56.08 after having opened the day at $53.95 as compared to the previous trading day's close of $47.62. Other companies within the Retail industry that increased today were: Kirkland's ( KIRK), up 10.5%, Children's Place Retail Stores ( PLCE), up 6.2%, Coastal Contacts ( COA), up 5.5% and RadioShack ( RSH), up 5.4%.

GameStop Corp. operates as a video game retailer. GameStop has a market cap of $5.7 billion and is part of the services sector. Shares are up 89.8% year to date as of the close of trading on Wednesday. Currently there are 10 analysts that rate GameStop a buy, 2 analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates GameStop as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance 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 weak operating cash flow.

On the negative front, Abercrombie & Fitch Company ( ANF), down 17.7%, ValueVision Media ( VVTV), down 15.4%, Bon-Ton Stores ( BONT), down 11.9% and China Jo-Jo Drugstores ( CJJD), down 10.7% , were all laggards within the retail industry with L Brands ( LTD) being today's retail industry laggard.

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).

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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