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Walgreen Company (WAG): 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.

Walgreen Company (WAG) pushed the Retail industry higher today making it today's featured retail winner. The industry as a whole closed the day down 0.7%. By the end of trading, Walgreen Company rose $1.85 (3.2%) to $59.36 on heavy volume. Throughout the day, 10,194,898 shares of Walgreen Company exchanged hands as compared to its average daily volume of 5,131,100 shares. The stock ranged in a price between $57.07-$59.43 after having opened the day at $57.45 as compared to the previous trading day's close of $57.51. Other companies within the Retail industry that increased today were: Rite Aid Corporation (RAD), up 6.4%, Overstock.com (OSTK), up 4.8%, China Jo-Jo Drugstores (CJJD), up 3.9% and BioScrip (BIOS), up 3.5%.

Walgreen Co., together with its subsidiaries, operates a network of drugstores in the United States. It provides consumer goods and services, pharmacy, and health and wellness services through drugstores, as well as through mail, and by telephone and online. Walgreen Company has a market cap of $54.3 billion and is part of the services sector. The company has a P/E ratio of 20.1, above the S&P 500 P/E ratio of 17.7. Shares are up 0.1% year to date as of the close of trading on Tuesday. Currently there are 12 analysts that rate Walgreen Company a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates Walgreen Company as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the negative front, J.C. Penney (JCP), down 10.0%, Pacific Sunwear (PSUN), down 5.9%, Fairway Group Holdings Corp Class A (FWM), down 5.1% and Acorn International (ATV), down 5.0% , were all laggards within the retail industry with Costco Wholesale Corporation (COST) 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).

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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