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 0.5%. By the end of trading, Office Depot rose $0.10 (1.9%) to $5.45 on light volume. Throughout the day, 8,161,200 shares of Office Depot exchanged hands as compared to its average daily volume of 11,077,100 shares. The stock ranged in a price between $5.33-$5.45 after having opened the day at $5.35 as compared to the previous trading day's close of $5.35. Other companies within the Specialty Retail industry that increased today were: China Auto Logistics ( CALI), up 4.2%, PCM ( PCMI), up 2.9%, Brown Shoe Company ( BWS), up 2.6% and Medifast ( MED), up 2.1%.

Office Depot, Inc., together with its subsidiaries, supplies office products and services. Office Depot has a market cap of $1.6 billion and is part of the services sector. The company has a P/E ratio of 45.3, above the S&P 500 P/E ratio of 17.7. Shares are up 65.8% year to date as of the close of trading on Monday. Currently there are 4 analysts that rate Office Depot a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Office Depot as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, impressive record of earnings per share growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including poor profit margins and weak operating cash flow.

On the negative front, EZCorp ( EZPW), down 5.1%, Zale Corporation ( ZLC), down 3.9%, Zagg ( ZAGG), down 3.6% and Five Below ( FIVE), down 3.4% , were all laggards within the specialty retail industry with Dick's Sporting Goods ( DKS) 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).

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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