Tiffany & Co. (TIF): 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.

Tiffany ( TIF) pushed the Specialty Retail industry higher today making it today's featured specialty retail winner. The industry as a whole closed the day up 1.1%. By the end of trading, Tiffany rose $1.04 (1.3%) to $83.68 on light volume. Throughout the day, 783,313 shares of Tiffany exchanged hands as compared to its average daily volume of 1,084,500 shares. The stock ranged in a price between $83.01-$84.08 after having opened the day at $83.33 as compared to the previous trading day's close of $82.64. Other companies within the Specialty Retail industry that increased today were: Sport Chalet ( SPCHB), up 13.1%, 1-800 Flowers.com ( FLWS), up 7.3%, AutoNation ( AN), up 6.1% and Mecox Lane ( MCOX), up 5.7%.

Tiffany & Co., through its subsidiaries, designs, manufactures, and retails jewelry worldwide. The company operates through Americas, Asia-Pacific, Japan, Europe, and Other segments. Tiffany has a market cap of $10.8 billion and is part of the services sector. The company has a P/E ratio of 23.3, above the S&P 500 P/E ratio of 17.7. Shares are down 9.4% year to date as of the close of trading on Wednesday. Currently there are 6 analysts that rate Tiffany a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Tiffany as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the negative front, Hastings Entertainment ( HAST), down 12.0%, Pantry ( PTRY), down 2.8%, PCM ( PCMI), down 2.7% and Lentuo International ( LAS), down 2.6% , were all laggards within the specialty retail industry with Tractor Supply ( TSCO) 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).

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