3 Stocks Advancing The Specialty Retail Industry

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 31 points (0.2%) at 16,439 as of Monday, April 21, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,695 issues advancing vs. 1,308 declining with 151 unchanged.

The Specialty Retail industry currently is unchanged today versus the S&P 500, which is up 0.2%. Top gainers within the industry include Ulta Salon Cosmetics & Fragrances ( ULTA), up 2.2%, and Michael Kors Holdings ( KORS), up 0.7%.

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

3. Mattress Firm ( MFRM) is one of the companies pushing the Specialty Retail industry higher today. As of noon trading, Mattress Firm is up $1.51 (3.2%) to $48.25 on light volume. Thus far, 54,487 shares of Mattress Firm exchanged hands as compared to its average daily volume of 222,000 shares. The stock has ranged in price between $46.84-$48.35 after having opened the day at $46.84 as compared to the previous trading day's close of $46.74.

Mattress Firm Holding Corp., through its subsidiaries, operates as a specialty retailer of mattresses, and related products and accessories in the United States. Mattress Firm has a market cap of $1.6 billion and is part of the services sector. Shares are up 8.6% year-to-date as of the close of trading on Thursday. Currently there are 7 analysts who rate Mattress Firm a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Mattress Firm as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, growth in earnings per share and increase in net income. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet. Get the full Mattress Firm Ratings Report now.

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2. As of noon trading, Sally Beauty Holdings ( SBH) is up $0.72 (2.7%) to $27.20 on light volume. Thus far, 458,914 shares of Sally Beauty Holdings exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $26.30-$27.30 after having opened the day at $26.55 as compared to the previous trading day's close of $26.49.

Sally Beauty Holdings, Inc., through its subsidiaries, operates as a specialty retailer and distributor of professional beauty supplies primarily in North America, South America, and Europe. The company operates in two segments, Sally Beauty Supply and Beauty Systems Group. Sally Beauty Holdings has a market cap of $4.3 billion and is part of the services sector. Shares are down 12.4% year-to-date as of the close of trading on Thursday. Currently there are 6 analysts who rate Sally Beauty Holdings a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Sally Beauty Holdings as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Sally Beauty Holdings Ratings Report now.

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1. As of noon trading, PetSmart ( PETM) is up $0.50 (0.8%) to $67.30 on light volume. Thus far, 606,364 shares of PetSmart exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $66.84-$67.50 after having opened the day at $66.86 as compared to the previous trading day's close of $66.80.

PetSmart, Inc., together with its subsidiaries, operates as a specialty retailer of products, services, and solutions for pets in the United States, Puerto Rico, and Canada. PetSmart has a market cap of $6.6 billion and is part of the services sector. Shares are down 8.2% year-to-date as of the close of trading on Thursday. Currently there are 2 analysts who rate PetSmart a buy, 2 analysts rate it a sell, and 14 rate it a hold.

TheStreet Ratings rates PetSmart as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, good cash flow from operations, growth in earnings per share and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full PetSmart 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.

If you are interested in one of these 3 stocks, 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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