3 Stocks Pushing The Retail Industry Lower

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 lower 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%.

TheStreet Ratings group would like to highlight 3 stocks pushing the industry lower today:

3. Best Buy ( BBY) is one of the companies pushing the Retail industry lower today. As of noon trading, Best Buy is down $1.70 (-12.3%) to $12.06 on heavy volume Thus far, 21.8 million shares of Best Buy exchanged hands as compared to its average daily volume of 7.0 million shares. The stock has ranged in price between $11.74-$12.86 after having opened the day at $12.82 as compared to the previous trading day's close of $13.75.

Best Buy Co., Inc. operates as a retailer of consumer electronics, computing and mobile phone products, entertainment products, appliances, and related services primarily in the United States, Europe, Canada, and China. Best Buy has a market cap of $4.6 billion and is part of the services sector. The company has a P/E ratio of -4.8, below the S&P 500 P/E ratio of 17.7. Shares are down 41.2% year to date as of the close of trading on Monday. Currently there is 1 analyst that rates Best Buy a buy, 1 analyst rates it a sell, and 17 rate it a hold.

TheStreet Ratings rates Best Buy as a hold. The company's strongest point has been its a solid financial position based on a variety of debt and liquidity measures that we have looked at. At the same time, however, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. Get the full Best Buy Ratings Report now.

2. As of noon trading, Dollar General Corporation ( DG) is down $0.74 (-1.5%) to $47.74 on light volume Thus far, 1.1 million shares of Dollar General Corporation exchanged hands as compared to its average daily volume of 4.3 million shares. The stock has ranged in price between $47.66-$48.57 after having opened the day at $48.43 as compared to the previous trading day's close of $48.47.

Dollar General Corporation operates as a discount retailer primarily in the southern, southwestern, midwestern, and eastern United States. Dollar General Corporation has a market cap of $16.2 billion and is part of the services sector. The company has a P/E ratio of 18.7, above the S&P 500 P/E ratio of 17.7. Shares are up 18.4% year to date as of the close of trading on Monday. Currently there are 14 analysts that rate Dollar General Corporation a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Dollar General Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, 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 Dollar General Corporation Ratings Report now.

1. As of noon trading, TJX Companies ( TJX) is down $0.33 (-0.8%) to $43.75 on light volume Thus far, 1.9 million shares of TJX Companies exchanged hands as compared to its average daily volume of 5.5 million shares. The stock has ranged in price between $43.50-$44.16 after having opened the day at $44.08 as compared to the previous trading day's close of $44.08.

The TJX Companies, Inc. operates as an off-price apparel and home fashions retailer in the United States and internationally. TJX Companies has a market cap of $31.2 billion and is part of the services sector. The company has a P/E ratio of 18.5, above the S&P 500 P/E ratio of 17.7. Shares are up 31.5% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate TJX Companies a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates TJX Companies 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, increase in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full TJX Companies Ratings Report now.

If you are interested in one of these 5 stocks, 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).

A reminder about TheStreet Ratings group: 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.
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