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

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 30 points (-0.2%) at 14,005 as of Wednesday, Feb. 20, 2013, 12:04 PM ET. The NYSE advances/declines ratio sits at 991 issues advancing vs. 1,875 declining with 138 unchanged.

The Retail industry currently sits down 0.4% versus the S&P 500, which is down 0.5%. A company within the industry that fell today was Michael Kors Holdings ( KORS), up 3.1%.

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

3. Macy's ( M) is one of the companies pushing the Retail industry lower today. As of noon trading, Macy's is down $0.62 (-1.5%) to $39.81 on light volume Thus far, 1.6 million shares of Macy's exchanged hands as compared to its average daily volume of 5.6 million shares. The stock has ranged in price between $39.71-$40.41 after having opened the day at $40.41 as compared to the previous trading day's close of $40.43.

Macy's, Inc., together with its subsidiaries, operates stores and Internet Websites in the United States. Its retail stores and Internet Web sites sell a range of merchandise, including apparel and accessories for men, women, and children; cosmetics; home furnishings; and other consumer goods. Macy's has a market cap of $15.5 billion and is part of the services sector. The company has a P/E ratio of 12.3, below the S&P 500 P/E ratio of 17.7. Shares are up 0.3% year to date as of the close of trading on Tuesday. Currently there are 9 analysts that rate Macy's a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Macy's as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, reasonable valuation levels, increase in stock price during the past year and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Macy's Ratings Report now.

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2. As of noon trading, CVS Caremark ( CVS) is down $0.38 (-0.7%) to $52.28 on light volume Thus far, 1.9 million shares of CVS Caremark exchanged hands as compared to its average daily volume of 6.2 million shares. The stock has ranged in price between $52.19-$52.66 after having opened the day at $52.60 as compared to the previous trading day's close of $52.66.

CVS Caremark Corporation provides pharmacy health care services in the United States. CVS Caremark has a market cap of $63.7 billion and is part of the services sector. The company has a P/E ratio of 16.9, below the S&P 500 P/E ratio of 17.7. Shares are up 5.7% year to date as of the close of trading on Tuesday. Currently there are 17 analysts that rate CVS Caremark a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates CVS Caremark as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, good cash flow from operations and increase in net income. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full CVS Caremark Ratings Report now.

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1. As of noon trading, eBay ( EBAY) is down $0.57 (-1.0%) to $56.11 on light volume Thus far, 2.3 million shares of eBay exchanged hands as compared to its average daily volume of 9.6 million shares. The stock has ranged in price between $56.06-$57.10 after having opened the day at $56.90 as compared to the previous trading day's close of $56.68.

eBay Inc. provides online platforms, tools, and services to help individuals and merchants in online and mobile commerce and payments in the United States and internationally. eBay has a market cap of $73.5 billion and is part of the services sector. The company has a P/E ratio of 28.5, above the S&P 500 P/E ratio of 17.7. Shares are up 11.2% year to date as of the close of trading on Tuesday. Currently there are 21 analysts that rate eBay a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates eBay 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, reasonable valuation levels, solid stock price performance and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full eBay Ratings Report now.

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If you are interested in one of these 3 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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