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 was unchanged today. By the end of trading, PetSmart rose $1.34 (1.9%) to $73.05 on average volume. Throughout the day, 969,155 shares of PetSmart exchanged hands as compared to its average daily volume of 1,088,000 shares. The stock ranged in a price between $71.37-$73.08 after having opened the day at $71.60 as compared to the previous trading day's close of $71.71. Other companies within the Specialty Retail industry that increased today were: XO Group ( XOXO), up 5.4%, Mecox Lane ( MCOX), up 5.2%, Francescas Holdings ( FRAN), up 4.7% and Sport Chalet ( SPCHA), up 3.6%.

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 $7.3 billion and is part of the services sector. Shares are up 4.9% year to date as of the close of trading on Tuesday. 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, largely solid financial position with reasonable debt levels by most measures and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins.

On the negative front, Sport Chalet ( SPCHB), down 9.9%, TravelCenters of America ( TA), down 5.1%, Tumi Holdings ( TUMI), down 3.4% and Zagg ( ZAGG), down 2.8%.

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

More from Markets

Global Stocks Push Higher as China Tariff Move, Softer US Dollar Boost Sentiment

Global Stocks Push Higher as China Tariff Move, Softer US Dollar Boost Sentiment

Get to Know Stacey Cunningham, the NYSE's First Female Chief in 226 Years

Get to Know Stacey Cunningham, the NYSE's First Female Chief in 226 Years

60 Seconds: What is the Volcker Rule and How Does it Affect Your Portfolio?

60 Seconds: What is the Volcker Rule and How Does it Affect Your Portfolio?

Micron Spikes After $10 Billion Buyback Plan Caps Bullish Q3 Earnings Forecast

Micron Spikes After $10 Billion Buyback Plan Caps Bullish Q3 Earnings Forecast

Oil Prices, China Tariffs, Micron and Kohl's - 5 Things You Must Know

Oil Prices, China Tariffs, Micron and Kohl's - 5 Things You Must Know