5 Stocks Pushing The Retail Industry Higher

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 10 points (-0.1%) at 13,082 as of Monday, Nov. 5, 2012, 1:34 PM ET. The NYSE advances/declines ratio sits at 1,351 issues advancing vs. 1,574 declining with 129 unchanged.

The Retail industry currently sits up 0.6% versus the S&P 500, which is down 0.1%. A company within the industry that increased today was Sears Holdings Corporation ( SHLD), up 2.3%.

TheStreet Ratings group would like to highlight 5 stocks pushing the industry higher today:

5. Ross Stores ( ROST) is one of the companies pushing the Retail industry higher today. As of noon trading, Ross Stores is up $0.87 (1.5%) to $57.74 on light volume Thus far, 986,179 shares of Ross Stores exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $56.69-$57.77 after having opened the day at $57.00 as compared to the previous trading day's close of $56.87.

Ross Stores, Inc., together with its subsidiaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd's DISCOUNTS brand names in the United States. Ross Stores has a market cap of $12.8 billion and is part of the services sector. The company has a P/E ratio of 17.7, equal to the S&P 500 P/E ratio of 17.7. Shares are up 20.2% year to date as of the close of trading on Friday. Currently there are 10 analysts that rate Ross Stores a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Ross Stores as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, notable return on equity and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Ross Stores Ratings Report now.

If you liked this article you might like

How to Make Your Life Successful Just Like Billionaire Warren Buffett

How to Get Rich Using Warren Buffett's Favorite Stock Market Indicators

Strange Days at Apple

How to Live Just Like Billionaire Warren Buffett

How to Make a Deal Like Billionaire Investor Warren Buffett