Michael Kors Holdings Ltd (KORS): Today's Featured 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.

Michael Kors Holdings ( KORS) pushed the Retail industry lower today making it today's featured Retail laggard. The industry as a whole closed the day down 0.4%. By the end of trading, Michael Kors Holdings fell $1.06 (-1.1%) to $97.78 on light volume. Throughout the day, 1,819,282 shares of Michael Kors Holdings exchanged hands as compared to its average daily volume of 3,827,500 shares. The stock ranged in price between $97.64-$99.42 after having opened the day at $98.90 as compared to the previous trading day's close of $98.84. Other companies within the Retail industry that declined today were: China Jo-Jo Drugstores ( CJJD), down 10.9%, dELiA*s ( DLIA), down 7.7%, PC Connection ( PCCC), down 4.9% and New York & Company ( NWY), down 4.5%.

Michael Kors Holdings Limited engages in the design, marketing, distribution, and retailing of branded women's apparel and accessories, and men's apparel. The company operates in three segments: Retail, Wholesale, and Licensing. Michael Kors Holdings has a market cap of $20.1 billion and is part of the services sector. Shares are up 21.3% year to date as of the close of trading on Tuesday. Currently there are 11 analysts that rate Michael Kors Holdings a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Michael Kors Holdings 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, notable return on equity, expanding profit margins and good cash flow from operations. 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, Acorn International ( ATV), up 7.2%, Lumber Liquidators Holdings ( LL), up 5.2%, Restoration Hardware Holdings ( RH), up 4.9% and Christopher & Banks Corporation ( CBK), up 3.3% , were all gainers within the retail industry with Target ( TGT) being today's featured retail industry leader.

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).

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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