Specialty Retail Stocks On The Rise With Help From 3 Stocks

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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 137 points (0.8%) at 16,460 as of Monday, March 31, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 2,329 issues advancing vs. 681 declining with 134 unchanged.

The Specialty Retail industry currently sits up 1.2% versus the S&P 500, which is up 0.9%.

TheStreet would like to highlight 3 stocks pushing the industry higher today:

3. CarMax ( KMX) is one of the companies pushing the Specialty Retail industry higher today. As of noon trading, CarMax is up $1.20 (2.6%) to $46.87 on light volume. Thus far, 482,379 shares of CarMax exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $45.75-$46.89 after having opened the day at $45.81 as compared to the previous trading day's close of $45.67.

CarMax, Inc., through its subsidiaries, operates as a retailer of used vehicles in the United States. It operates in two segments, CarMax Sales Operations and CarMax Auto Finance. CarMax has a market cap of $10.1 billion and is part of the services sector. Shares are down 2.9% year-to-date as of the close of trading on Friday. Currently there are 6 analysts who rate CarMax a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates CarMax as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, reasonable valuation levels, increase in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full CarMax Ratings Report now.

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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