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 0.7%. By the end of trading, AutoZone rose $14.52 (3.2%) to $471.86 on heavy volume. Throughout the day, 965,242 shares of AutoZone exchanged hands as compared to its average daily volume of 261,300 shares. The stock ranged in a price between $461.61-$484.16 after having opened the day at $467.47 as compared to the previous trading day's close of $457.34. Other companies within the Retail industry that increased today were: Advance Auto Parts ( AAP), up 4.9%, Liberator Medical Holdings ( LBMH), up 4.9%, J.C. Penney ( JCP), up 3.6% and Fairway Group Holdings Corp Class A ( FWM), up 2.5%.

AutoZone, Inc., together with its subsidiaries, is engaged in retailing and distributing automotive replacement parts and accessories. AutoZone has a market cap of $15.6 billion and is part of the services sector. The company has a P/E ratio of 16.5, below the S&P 500 P/E ratio of 17.7. Shares are up 29.7% year to date as of the close of trading on Monday. Currently there are 8 analysts that rate AutoZone a buy, no analysts rate it a sell, and 7 rate it a hold.

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

On the negative front, Lumber Liquidators Holdings ( LL), down 13.7%, Village Super Market ( VLGEA), down 8.0%, Burlington Stores ( BURL), down 7.8% and Pep Boys - Manny Moe & Jack ( PBY), down 7.6% , were all laggards within the retail industry with Home Depot ( HD) 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.

null

More from Markets

Dow and Nasdaq Finish Lower as 10-Year Treasury Yield Hovers Near 3%

Dow and Nasdaq Finish Lower as 10-Year Treasury Yield Hovers Near 3%

Video: Stop Using Student Loan Money to Buy Bitcoin

Video: Stop Using Student Loan Money to Buy Bitcoin

Let the Najarian Brothers Crash-Proof Portfolio

Let the Najarian Brothers Crash-Proof Portfolio

Facebook Sends Facial Recognition Notification in Error

Facebook Sends Facial Recognition Notification in Error

3 Hot Reads From TheStreet's Top Premium Columnists

3 Hot Reads From TheStreet's Top Premium Columnists