Target Corp (TGT): Today's Highlighted Retail Leader

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.

Target ( TGT) pushed the Retail industry higher today making it today's featured retail winner. The industry as a whole closed the day up 1.6%. By the end of trading, Target rose 81 cents (1.2%) to $68.79 on light volume. Throughout the day, 3.5 million shares of Target exchanged hands as compared to its average daily volume of 5.2 million shares. The stock ranged in a price between $68.19-$68.83 after having opened the day at $68.19 as compared to the previous trading day's close of $67.98. Other companies within the Retail industry that increased today were: Best Buy ( BBY), up 16.1%, Conn's ( CONN), up 13.1%, Liquidity Service ( LQDT), up 11.6%, and Jos A. Bank Clothiers ( JOSB), up 8%.
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Target Corporation operates general merchandise stores in the United States. It operates in three segments: U.S. Retail, U.S. Credit Card, and Canadian. Target has a market cap of $44.15 billion and is part of the services sector. The company has a P/E ratio of 15.2, below the S&P 500 P/E ratio of 17.7. Shares are up 14.9% year to date as of the close of trading on Wednesday. Currently there are 13 analysts that rate Target a buy, no analysts rate it a sell, and six rate it a hold.

TheStreet Ratings rates Target as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth 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.

On the negative front, Cache ( CACH), down 5.5%, QKL Stores ( QKLS), down 4.5%, ALCO Stores ( ALCS), down 3.5%, and China Nepstar Chain Drugstore ( NPD), down 3.2%, were all laggards within the retail industry with GameStop ( GME) 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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