4 Stocks Improving Performance Of The Retail Industry

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 30 points (-0.2%) at 15,089 as of Monday, May 13, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,245 issues advancing vs. 1,704 declining with 112 unchanged.

The Retail industry currently sits up 0.2% versus the S&P 500, which is unchanged.

TheStreet Ratings group would like to highlight 4 stocks pushing the industry higher today:

4. Walgreen Company ( WAG) is one of the companies pushing the Retail industry higher today. As of noon trading, Walgreen Company is up $0.36 (0.75) to $49.08 on light volume Thus far, 2.0 million shares of Walgreen Company exchanged hands as compared to its average daily volume of 6.3 million shares. The stock has ranged in price between $48.40-$49.25 after having opened the day at $48.48 as compared to the previous trading day's close of $48.72.

Walgreen Co., together with its subsidiaries, operates a network of drugstores in the United States. It provides consumer goods and services, pharmacy, and health and wellness services through drugstores, as well as through mail, and by telephone and online. Walgreen Company has a market cap of $45.3 billion and is part of the services sector. The company has a P/E ratio of 21.3, above the S&P 500 P/E ratio of 17.7. Shares are up 31.6% year to date as of the close of trading on Friday. Currently there are 10 analysts that rate Walgreen Company a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Walgreen Company as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Walgreen Company Ratings Report now.

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