Rite Aid Corporation (RAD): 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.

Rite Aid Corporation ( RAD) pushed the Retail industry higher today making it today's featured retail winner. The industry as a whole closed the day down 0.2%. By the end of trading, Rite Aid Corporation rose $0.08 (1.3%) to $6.11 on average volume. Throughout the day, 41,474,966 shares of Rite Aid Corporation exchanged hands as compared to its average daily volume of 28,093,500 shares. The stock ranged in a price between $5.92-$6.14 after having opened the day at $6.03 as compared to the previous trading day's close of $6.03. Other companies within the Retail industry that increased today were: PC Connection ( PCCC), up 8.0%, Roundys ( RNDY), up 6.7%, Abercrombie & Fitch Company ( ANF), up 5.8% and Christopher & Banks Corporation ( CBK), up 5.5%.

Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. Rite Aid Corporation has a market cap of $5.4 billion and is part of the services sector. The company has a P/E ratio of 18.5, above the S&P 500 P/E ratio of 17.7. Shares are up 335.3% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate Rite Aid Corporation a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Rite Aid Corporation as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we find that the company's profit margins have been poor overall.

On the negative front, Gordman's Stores ( GMAN), down 9.5%, U.S. Auto Parts Network ( PRTS), down 5.6%, Stamps.com ( STMP), down 4.1% and Cache ( CACH), down 3.3% , were all laggards within the retail industry with Sears Holdings Corporation ( SHLD) 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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