Target Corp (TGT): 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.

Target ( TGT) pushed the Retail industry higher today making it today's featured retail winner. The industry as a whole closed the day up 2.1%. By the end of trading, Target rose $3.98 (7.0%) to $60.49 on heavy volume. Throughout the day, 23,978,781 shares of Target exchanged hands as compared to its average daily volume of 6,655,400 shares. The stock ranged in a price between $58.10-$61.18 after having opened the day at $58.58 as compared to the previous trading day's close of $56.51. Other companies within the Retail industry that increased today were: dELiA*s ( DLIA), up 24.2%, China Jo-Jo Drugstores ( CJJD), up 16.6%, Abercrombie & Fitch Company ( ANF), up 11.2% and Vitacost.com ( VITC), up 9.2%.

Target Corporation operates general merchandise stores in the United States. Target has a market cap of $35.5 billion and is part of the services sector. Shares are down 10.7% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate Target a buy, 3 analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Target as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the negative front, LightInTheBox ( LITB), down 12.4%, China Nepstar Chain Drugstore ( NPD), down 4.8%, Citi Trends ( CTRN), down 3.8% and New York & Company ( NWY), down 3.5% , were all laggards within the retail industry with Rite Aid Corporation ( RAD) 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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