3 Stocks Improving Performance Of 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.

One out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading down 42 points (-0.2%) at 17,072 as of Wednesday, July 23, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,641 issues advancing vs. 1,297 declining with 186 unchanged.

The Specialty Retail industry currently is unchanged today versus the S&P 500, which is up 0.1%. A company within the industry that increased today was Royal Philips ( PHG), up 0.5%. A company within the industry that fell today was Cabela's ( CAB), up 1.5%.

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

3. Lithia Motors ( LAD) is one of the companies pushing the Specialty Retail industry higher today. As of noon trading, Lithia Motors is up $2.93 (3.2%) to $93.36 on heavy volume. Thus far, 644,052 shares of Lithia Motors exchanged hands as compared to its average daily volume of 358,600 shares. The stock has ranged in price between $93.00-$97.00 after having opened the day at $93.95 as compared to the previous trading day's close of $90.43.

Lithia Motors, Inc. operates as an automotive franchisee and retailer of new and used vehicles in the United States. Lithia Motors has a market cap of $2.2 billion and is part of the services sector. Shares are up 30.3% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts who rate Lithia Motors a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Lithia Motors as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, growth in earnings per share, increase in net income and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Lithia Motors Ratings Report now.

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