Home Depot Inc. (HD): Today's Featured Retail Loser

Home Depot ( HD) pushed the Retail industry lower today making it today's featured Retail loser. The industry as a whole closed the day down 1%. By the end of trading, Home Depot fell 55 cents (-1.1%) to $51.67 on average volume. Throughout the day, 9.9 million shares of Home Depot exchanged hands as compared to its average daily volume of 12.1 million shares. The stock ranged in price between $51.38-$52.61 after having opened the day at $52.21 as compared to the previous trading day's close of $52.22. Other company's within the Retail industry that declined today were: HHGregg Incorporated ( HGG), down 36.4%, Best Buy ( BBY), down 8.3%, Pacific Sunwear ( PSUN), down 7.3%, and Guess ( GES), down 6.6%.

The Home Depot, Inc., together with its subsidiaries, operates as a home improvement retailer. The company's stores sell building materials, and home improvement and lawn and garden products to do-it-yourself, do-it-for-me (at D-I-F-M), and professional customers. Home Depot has a market cap of $79.78 billion and is part of the services sector. The company has a P/E ratio of 19.7, equal to the average retail industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 24.2% year to date as of the close of trading on Tuesday. Currently there are 15 analysts that rate Home Depot a buy, no analysts rate it a sell, and eight rate it a hold.

TheStreet Ratings rates Home Depot as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and notable return on equity. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

On the positive front, Christopher & Banks Corporation ( CBK), up 4.3%, China Jo-Jo Drugstores ( CJJD), up 4.2%, Abercrombie & Fitch ( ANF), up 4.2%, and Destination Maternity ( DEST), up 3.6%, were all gainers within the retail industry with Costco Wholesale Corporation ( COST) being today's featured retail industry winner.

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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