Tiffany & Co. (TIF): 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.

Tiffany ( TIF) pushed the Specialty Retail industry higher today making it today's featured specialty retail winner. The industry as a whole closed the day up 0.2%. By the end of trading, Tiffany rose $0.93 (1.1%) to $81.50 on light volume. Throughout the day, 777,428 shares of Tiffany exchanged hands as compared to its average daily volume of 1,126,400 shares. The stock ranged in a price between $80.49-$81.61 after having opened the day at $81.00 as compared to the previous trading day's close of $80.57. Other companies within the Specialty Retail industry that increased today were: Mecox Lane ( MCOX), up 9.6%, Brown Shoe Company ( BWS), up 4.6%, XO Group ( XOXO), up 4.0% and Medifast ( MED), up 3.5%.

Tiffany & Co., through its subsidiaries, engages in the design, manufacture, and retail of jewelry worldwide. The company operates through Americas, Asia-Pacific, Japan, Europe, and Other segments. Tiffany has a market cap of $10.4 billion and is part of the services sector. Shares are up 40.5% year to date as of the close of trading on Wednesday. Currently there are 6 analysts that rate Tiffany a buy, 1 analyst rates it a sell, and 11 rate it a hold.

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

On the negative front, DGSE Companies ( DGSE), down 11.1%, Hastings Entertainment ( HAST), down 6.2%, Lentuo International ( LAS), down 5.2% and Trans World Entertainment ( TWMC), down 5.1%.

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.
null

If you liked this article you might like

Jackson Hole and a Solar Eclipse -- Week in Review

Deciphering the Retail Riddle; Markets Wait on Yellen -- ICYMI Thursday