Tractor Supply (TSCO): Today's Featured Specialty Retail Laggard

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.

Tractor Supply ( TSCO) pushed the Specialty Retail industry lower today making it today's featured Specialty Retail laggard. The industry as a whole closed the day up 0.1%. By the end of trading, Tractor Supply fell $1.26 (-1.7%) to $72.91 on heavy volume. Throughout the day, 2,281,547 shares of Tractor Supply exchanged hands as compared to its average daily volume of 1,025,500 shares. The stock ranged in price between $72.79-$74.91 after having opened the day at $74.39 as compared to the previous trading day's close of $74.17. Other companies within the Specialty Retail industry that declined today were: Hastings Entertainment ( HAST), down 6.7%, DGSE Companies ( DGSE), down 4.9%, Five Below ( FIVE), down 3.0% and Sothebys ( BID), down 2.8%.

Tractor Supply Company operates retail farm and ranch stores in the United States. Tractor Supply has a market cap of $10.4 billion and is part of the services sector. The company has a P/E ratio of 33.9, above the S&P 500 P/E ratio of 17.7. Shares are down 4.4% year to date as of the close of trading on Friday. Currently there are 16 analysts that rate Tractor Supply a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Tractor Supply as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, notable return on equity, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.

On the positive front, Birks Group ( BGI), up 8.1%, Luxottica Group ( LUX), up 7.0%, Odyssey Marine Exploration ( OMEX), up 4.3% and Winmark Corporation ( WINA), up 3.4%.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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