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

Walgreen Company ( WAG) pushed the Retail industry higher today making it today's featured retail winner. The industry as a whole was unchanged today. By the end of trading, Walgreen Company rose 55 cents (1.5%) to $36.27 on average volume. Throughout the day, 9.1 million shares of Walgreen Company exchanged hands as compared to its average daily volume of 10 million shares. The stock ranged in a price between $35.55-$36.32 after having opened the day at $35.75 as compared to the previous trading day's close of $35.72. Other companies within the Retail industry that increased today were: SUPERVALU ( SVU), up 12.6%, QKL Stores ( QKLS), up 4.4%, Ingles Markets ( IMKTA), up 3.8%, and Christopher & Banks Corporation ( CBK), up 3.8%.

Walgreen Co., together with its subsidiaries, operates a chain of drugstores in the United States. Walgreen Company has a market cap of $30.02 billion and is part of the services sector. The company has a P/E ratio of 12.1, equal to the average retail industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 8% year to date as of the close of trading on Friday. Currently there are eight analysts that rate Walgreen Company a buy, two analysts rate it a sell, and nine 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 attractive valuation levels, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Gaiam ( GAIA), down 6.5%, ALCO Stores ( ALCS), down 5.3%, BioScrip ( BIOS), down 3.7%, and Abercrombie & Fitch ( ANF), down 3.7%, were all laggards within the retail industry with Bed Bath & Beyond ( BBBY) 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).

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