Sothebys (BID): Today's Featured Specialty Retail Laggard

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 lower today making it today's featured Specialty Retail laggard. The industry as a whole closed the day up 0.4%. By the end of trading, Sothebys fell $0.52 (-1.1%) to $46.37 on light volume. Throughout the day, 648,234 shares of Sothebys exchanged hands as compared to its average daily volume of 1,319,600 shares. The stock ranged in price between $46.01-$47.20 after having opened the day at $47.14 as compared to the previous trading day's close of $46.89. Other companies within the Specialty Retail industry that declined today were: Titan Machinery ( TITN), down 5.1%, Mecox Lane ( MCOX), down 3.6%, Ferrellgas Partners ( FGP), down 2.7% and Hibbett Sports ( HIBB), down 2.4%.

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 $3.2 billion and is part of the services sector. Shares are up 39.5% year to date as of the close of trading on Thursday. 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 positive front, Lentuo International ( LAS), up 13.1%, Zumiez ( ZUMZ), up 11.2%, Odyssey Marine Exploration ( OMEX), up 4.9% and TravelCenters of America ( TA), up 3.9% , were all gainers within the specialty retail industry with CarMax ( KMX) being today's featured specialty retail industry leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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