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.
) pushed the Retail industry lower today making it today's featured Retail laggard. The industry as a whole closed the day up 1.6%. By the end of trading, Home Depot fell $1.28 (-1.6%) to $78.99 on average volume. Throughout the day, 9,956,941 shares of Home Depot exchanged hands as compared to its average daily volume of 7,271,100 shares. The stock ranged in price between $77.89-$80.10 after having opened the day at $80.09 as compared to the previous trading day's close of $80.27. Other companies within the Retail industry that declined today were:
), down 8.3%,
), down 4.3%,
), down 3.6% and
), down 3.3%.
- EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass
The Home Depot, Inc. operates as a home improvement retailer. Home Depot has a market cap of $117.1 billion and is part of the services sector. Shares are up 29.7% year to date as of the close of trading on Wednesday. Currently there are 11 analysts that rate Home Depot a buy, no analysts rate it a sell, and 9 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth, notable return on equity, good cash flow from operations and compelling growth in net income. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.
- You can view the full Home Depot Ratings Report.
On the positive front,
), up 61.0%,
), up 10.9%,
), up 9.3% and
), up 8.7% , were all gainers within the retail industry with
) being today's featured retail industry leader.
- Use our retail section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the retail industry could consider
) while those bearish on the retail industry could consider
- Find other investment ideas from our top rated ETFs lists.