3 Retail Stocks Moving The Industry Upward

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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 115 points (0.8%) at 14,816 as of Thursday, May 2, 2013, 12:55 PM ET. The NYSE advances/declines ratio sits at 2,190 issues advancing vs. 733 declining with 109 unchanged.

The Retail industry currently sits up 1.6% versus the S&P 500, which is up 0.8%. Top gainers within the industry include Whole Foods Market ( WFM), up 1.9%, eBay ( EBAY), up 1.8%, Lowe's Companies ( LOW), up 1.0% and Home Depot ( HD), up 0.9%.

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

3. TJX Companies ( TJX) is one of the companies pushing the Retail industry higher today. As of noon trading, TJX Companies is up $0.35 (0.72) to $48.71 on light volume Thus far, 762,881 shares of TJX Companies exchanged hands as compared to its average daily volume of 4.5 million shares. The stock has ranged in price between $48.11-$48.84 after having opened the day at $48.32 as compared to the previous trading day's close of $48.36.

The TJX Companies, Inc. operates as an off-price apparel and home fashions retailer in the United States and internationally. The company operates in four segments: Marmaxx, HomeGoods, TJX Canada, and TJX Europe. TJX Companies has a market cap of $35.1 billion and is part of the services sector. The company has a P/E ratio of 19.1, above the S&P 500 P/E ratio of 17.7. Shares are up 13.9% year to date as of the close of trading on Wednesday. Currently there are 14 analysts that rate TJX Companies a buy, no analysts rate it a sell, and 9 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, compelling growth in net income, revenue growth and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full TJX Companies Ratings Report now.

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2. As of noon trading, Costco Wholesale Corporation ( COST) is up $0.81 (0.75) to $109.03 on light volume Thus far, 515,203 shares of Costco Wholesale Corporation exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $107.72-$109.18 after having opened the day at $108.17 as compared to the previous trading day's close of $108.22.

Costco Wholesale Corporation engages in the operation of membership warehouses. The company offers branded and private-label products in a range of merchandise categories. Costco Wholesale Corporation has a market cap of $47.3 billion and is part of the services sector. The company has a P/E ratio of 24.3, above the S&P 500 P/E ratio of 17.7. Shares are up 9.6% year to date as of the close of trading on Wednesday. Currently there are 13 analysts that rate Costco Wholesale Corporation a buy, 2 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Costco Wholesale 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 solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Costco Wholesale Corporation Ratings Report now.

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1. As of noon trading, Amazon.com ( AMZN) is up $2.57 (1.04) to $250.80 on heavy volume Thus far, 2.6 million shares of Amazon.com exchanged hands as compared to its average daily volume of 3.3 million shares. The stock has ranged in price between $245.78-$252.93 after having opened the day at $248.94 as compared to the previous trading day's close of $248.23.

Amazon.com, Inc. operates as an online retailer in North America and internationally. The company operates in two segments, North America and International. Amazon.com has a market cap of $115.5 billion and is part of the services sector. Shares are down 1.1% year to date as of the close of trading on Wednesday. Currently there are 21 analysts that rate Amazon.com a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Amazon.com as a hold. 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 and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. Get the full Amazon.com Ratings Report now.

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.

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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