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

One out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading down 9 points (-0.1%) at 12,786 as of Tuesday, Nov. 20, 2012, 11:49 AM ET. The NYSE advances/declines ratio sits at 1,471 issues advancing vs. 1,424 declining with 128 unchanged.

The Retail industry currently sits down 0.1% versus the S&P 500, which is up 0.0%. Top gainers within the industry include DSW ( DSW), up 8.3%, and Whirlpool Corporation ( WHR), up 2.9%.

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

5. Whole Foods Market ( WFM) is one of the companies pushing the Retail industry higher today. As of noon trading, Whole Foods Market is up $1.03 (1.1%) to $92.44 on heavy volume Thus far, 1.1 million shares of Whole Foods Market exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $90.91-$92.52 after having opened the day at $91.74 as compared to the previous trading day's close of $91.41.

Whole Foods Market, Inc. engages in the ownership and operation of natural and organic food supermarkets. The company offers produce, seafood, grocery, meat and poultry, bakery, prepared foods and catering, coffee and tea, nutritional supplements, and vitamins. Whole Foods Market has a market cap of $16.7 billion and is part of the services sector. The company has a P/E ratio of 36.5, above the S&P 500 P/E ratio of 17.7. Shares are up 30.1% year to date as of the close of trading on Monday. Currently there are 16 analysts that rate Whole Foods Market a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Whole Foods Market as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. 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. Get the full Whole Foods Market Ratings Report now.

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