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 0.5%. By the end of trading, AutoZone rose $10.39 (2.1%) to $505.86 on heavy volume. Throughout the day, 485,110 shares of AutoZone exchanged hands as compared to its average daily volume of 259,400 shares. The stock ranged in a price between $496.47-$505.86 after having opened the day at $500.00 as compared to the previous trading day's close of $495.47. Other companies within the Retail industry that increased today were: QKL Stores ( QKLS), up 12.9%, Liberator Medical Holdings ( LBMH), up 6.6%, ALCO Stores ( ALCS), up 5.3% and Rite Aid Corporation ( RAD), up 4.7%.

AutoZone, Inc. is engaged in retailing and distributing automotive replacement parts and accessories. AutoZone has a market cap of $16.7 billion and is part of the services sector. The company has a P/E ratio of 17.3, below the S&P 500 P/E ratio of 17.7. Shares are up 3.7% year to date as of the close of trading on Thursday. Currently there are 8 analysts that rate AutoZone a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates AutoZone as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, revenue growth, expanding profit margins and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the negative front, Best Buy ( BBY), down 8.9%, E-Commerce China Dangdang ( DANG), down 6.0%, J.C. Penney ( JCP), down 5.5% and Destination XL Group ( DXLG), down 5.1% , were all laggards within the retail industry with Walgreen Company ( WAG) 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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