AutoZone Inc (AZO): 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.

AutoZone ( AZO) pushed the Retail industry higher today making it today's featured retail winner. The industry as a whole closed the day down 0.3%. By the end of trading, AutoZone rose $10.76 (2.6%) to $425.07 on heavy volume. Throughout the day, 822,080 shares of AutoZone exchanged hands as compared to its average daily volume of 226,800 shares. The stock ranged in a price between $410.00-$428.05 after having opened the day at $416.46 as compared to the previous trading day's close of $414.31. Other companies within the Retail industry that increased today were: Ascena Retail Group ( ASNA), up 15.8%, U.S. Auto Parts Network ( PRTS), up 11.5%, BioScrip ( BIOS), up 8.5% and Men's Wearhouse ( MW), up 3.7%.

AutoZone, Inc. engages in retailing and distributing automotive replacement parts and accessories. AutoZone has a market cap of $14.8 billion and is part of the services sector. Shares are up 17.9% year to date as of the close of trading on Tuesday. Currently there are 8 analysts that rate AutoZone a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates AutoZone as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, impressive record of earnings per share growth, revenue growth, expanding profit margins and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the negative front, J.C. Penney ( JCP), down 15.0%, Stein Mart ( SMRT), down 4.8%, ValueVision Media ( VVTV), down 3.4% and Gaiam Inc. Class A ( GAIA), down 3.2% , were all laggards within the retail industry with eBay ( EBAY) 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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