Michael Kors Holdings Ltd (KORS): 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.

Michael Kors Holdings ( KORS) pushed the Specialty Retail industry higher today making it today's featured specialty retail winner. The industry as a whole closed the day up 0.6%. By the end of trading, Michael Kors Holdings rose $1.33 (1.8%) to $75.85 on light volume. Throughout the day, 1,452,071 shares of Michael Kors Holdings exchanged hands as compared to its average daily volume of 3,410,800 shares. The stock ranged in a price between $74.72-$76.10 after having opened the day at $74.72 as compared to the previous trading day's close of $74.52. Other companies within the Specialty Retail industry that increased today were: Netflix ( NFLX), up 5.0%, MarineMax ( HZO), up 4.5%, XO Group ( XOXO), up 3.6% and Mecox Lane ( MCOX), up 3.2%.

Michael Kors Holdings Limited engages in the design, marketing, distribution, and retailing of branded women's apparel and accessories, and men's apparel. The company operates in three segments: Retail, Wholesale, and Licensing. Michael Kors Holdings has a market cap of $15.1 billion and is part of the services sector. Shares are up 45.3% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate Michael Kors Holdings a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Michael Kors Holdings as a hold. The company's strengths can be seen in multiple areas, such as its notable return on equity, robust revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we find that the stock itself is trading at a premium valuation.

On the negative front, Sport Chalet ( SPCHB), down 8.0%, Books-A-Million ( BAMM), down 4.1%, Trans World Entertainment ( TWMC), down 3.5% and Odyssey Marine Exploration ( OMEX), down 2.3%.

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.
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