Walgreen Company (WAG): Today's Featured Retail Loser

Walgreen Company ( WAG) pushed the Retail industry lower today making it today's featured Retail loser. The industry as a whole closed the day down 1.5%. By the end of trading, Walgreen Company fell 61 cents (-1.7%) to $35.06 on average volume. Throughout the day, 7.9 million shares of Walgreen Company exchanged hands as compared to its average daily volume of 9.4 million shares. The stock ranged in price between $35-$35.56 after having opened the day at $35.48 as compared to the previous trading day's close of $35.67. Other company's within the Retail industry that declined today were: Bon-Ton Stores ( BONT), down 7.7%, Haverty Furniture Companies ( HVT), down 7%, ValueVision Media ( VVTV), down 5.8%, and Fresh Market ( TFM), down 5.5%.

Walgreen Co., together with its subsidiaries, operates a chain of drugstores in the United States. Walgreen Company has a market cap of $30.53 billion and is part of the services sector. Currently there are 11 analysts that rate Walgreen Company a buy, three analysts rate it a sell, and six 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, notable return on equity, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

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).
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