Lowe's Companies Inc. (LOW): Today's Featured Retail Winner

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

Lowe's Companies ( LOW) pushed the Retail industry higher today making it today's featured retail winner. The industry as a whole closed the day up 0.5%. By the end of trading, Lowe's Companies rose $0.45 (1.1%) to $43.23 on average volume. Throughout the day, 6,657,799 shares of Lowe's Companies exchanged hands as compared to its average daily volume of 8,695,600 shares. The stock ranged in a price between $42.74-$43.28 after having opened the day at $42.78 as compared to the previous trading day's close of $42.78. Other companies within the Retail industry that increased today were: dELiA*s ( DLIA), up 15.0%, China Jo-Jo Drugstores ( CJJD), up 11.6%, Christopher & Banks Corporation ( CBK), up 5.8% and Aeropostale ( ARO), up 4.2%.
  • EXCLUSIVE OFFER: Jim Cramer's Protege, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

Lowe's Companies, Inc. operates as a home improvement retailer. It offers products for maintenance, repair, remodeling, and home decorating. Lowe's Companies has a market cap of $45.8 billion and is part of the services sector. The company has a P/E ratio of 24.9, above the S&P 500 P/E ratio of 17.7. Shares are up 20.4% year to date as of the close of trading on Tuesday. Currently there are 10 analysts that rate Lowe's Companies a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates Lowe's Companies as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, ALCO Stores ( ALCS), down 8.8%, Overstock.com ( OSTK), down 5.2%, E-Commerce China Dangdang ( DANG), down 4.5% and Cache ( CACH), down 3.7% , were all laggards within the retail industry with Best Buy ( BBY) 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).

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.

null

More from Markets

Stocks Extend Gains Amid Progress on U.S.-China Trade

Stocks Extend Gains Amid Progress on U.S.-China Trade

Micron Spikes After $10 Billion Buyback Plan Caps Bullish Q3 Earnings Forecast

Micron Spikes After $10 Billion Buyback Plan Caps Bullish Q3 Earnings Forecast

J.C. Penney Shares Fall as CEO Marvin Ellison Resigns to Head Lowe's

J.C. Penney Shares Fall as CEO Marvin Ellison Resigns to Head Lowe's

U.S. Crude Oil Hits Fresh 3-Year Highs as Gas Prices March to $3 a Gallon

U.S. Crude Oil Hits Fresh 3-Year Highs as Gas Prices March to $3 a Gallon

Oil Prices, China Tariffs, Micron and Kohl's - 5 Things You Must Know

Oil Prices, China Tariffs, Micron and Kohl's - 5 Things You Must Know