Mercadolibre Inc. (MELI): 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.

Mercadolibre ( MELI) pushed the Retail industry higher today making it today's featured retail winner. The industry as a whole closed the day down 0.6%. By the end of trading, Mercadolibre rose $9.71 (9.9%) to $107.47 on heavy volume. Throughout the day, 1,685,340 shares of Mercadolibre exchanged hands as compared to its average daily volume of 658,200 shares. The stock ranged in a price between $97.06-$109.22 after having opened the day at $98.43 as compared to the previous trading day's close of $97.76. Other companies within the Retail industry that increased today were: Vipshop Holdings ( VIPS), up 7.6%, LightInTheBox ( LITB), up 6.7%, China Jo-Jo Drugstores ( CJJD), up 5.6% and E-Commerce China Dangdang ( DANG), up 5.2%.

MercadoLibre, Inc. hosts online commerce platforms in Latin America. Its services are designed to provide users with mechanisms for buying, selling, paying, collecting, generating leads, and comparing listings through e-commerce transactions. Mercadolibre has a market cap of $4.3 billion and is part of the services sector. The company has a P/E ratio of 40.5, above the S&P 500 P/E ratio of 17.7. Shares are down 9.3% year to date as of the close of trading on Wednesday. Currently there are 2 analysts that rate Mercadolibre a buy, 2 analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Mercadolibre as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share, 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, Best Buy ( BBY), down 28.6%, Fairway Group Holdings Corp Class A ( FWM), down 6.1%, RadioShack ( RSH), down 5.1% and Big Lots ( BIG), down 5.0% , were all laggards within the retail industry with Wal-Mart Stores ( WMT) 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).

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