Office Depot Inc (ODP): 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.

Office Depot ( ODP) pushed the Specialty Retail industry higher today making it today's featured specialty retail winner. The industry as a whole closed the day down 0.3%. By the end of trading, Office Depot rose $0.10 (2.1%) to $4.83 on heavy volume. Throughout the day, 12,763,842 shares of Office Depot exchanged hands as compared to its average daily volume of 6,379,000 shares. The stock ranged in a price between $4.64-$4.85 after having opened the day at $4.68 as compared to the previous trading day's close of $4.73. Other companies within the Specialty Retail industry that increased today were: Books-A-Million ( BAMM), up 7.3%, Hastings Entertainment ( HAST), up 5.4%, Trans World Entertainment ( TWMC), up 3.6% and Ferrellgas Partners ( FGP), up 2.7%.

Office Depot, Inc., together with its subsidiaries, supplies office products and services. Office Depot has a market cap of $1.3 billion and is part of the services sector. Shares are up 41.8% year to date as of the close of trading on Friday. Currently there is 1 analyst that rates Office Depot a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates Office Depot as a sell. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity, poor profit margins and generally high debt management risk.

On the negative front, Mecox Lane ( MCOX), down 6.3%, 1-800 ( FLWS), down 5.7%, Lentuo International ( LAS), down 5.6% and CSS Industries ( CSS), down 4.4% , were all laggards within the specialty retail industry with CarMax ( KMX) being today's specialty retail industry laggard.

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).

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