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Michaels Cos Inc has the Best Relative Performance in the Specialty Stores Industry (MIK , HIBB , SIG , HZO , ULTA )

By Nick Russo

Below are the top five companies in the Specialty Stores industry as measured by relative performance. This analysis was compiled based on yesterday's trading activity as we search for stocks that have the potential to outperform.

Michaels Cos Inc (NASDAQ:MIK ) ranks first with a gain of 5.70%; Hibbett Sports I (NASDAQ:HIBB ) ranks second with a gain of 3.16%; and Signet Jewelers (NYSE:SIG ) ranks third with a gain of 2.30%.

Marinemax Inc (NYSE:HZO ) follows with a gain of 2.18% and Ulta Beauty Inc (NASDAQ:ULTA ) rounds out the top five with a gain of 2.04%.

SmarTrend recommended that its subscribers protect gains by selling shares of Michaels Cos Inc on January 30th, 2019 by issuing a Downtrend alert when the shares were trading at $14.00. Since that call, shares of Michaels Cos Inc have fallen 41.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: relative performance michaels cos inc hibbett sports i signet jewelers marinemax inc ulta beauty inc

Ticker(s): MIK HIBB SIG HZO ULTA