KR, SWY, BBBY And CVS, Pushing Retail Industry Downward

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

Two out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 14 points (0.1%) at 15,368 as of Monday, May 20, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,885 issues advancing vs. 1,048 declining with 118 unchanged.

The Retail industry currently sits up 0.5% versus the S&P 500, which is up 0.1%. A company within the industry that fell today was Target ( TGT), up 0.73.

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

4. Kroger ( KR) is one of the companies pushing the Retail industry lower today. As of noon trading, Kroger is down $0.47 (-1.3%) to $34.95 on light volume Thus far, 1.3 million shares of Kroger exchanged hands as compared to its average daily volume of 4.2 million shares. The stock has ranged in price between $34.95-$35.41 after having opened the day at $35.38 as compared to the previous trading day's close of $35.42.

The Kroger Co., together with its subsidiaries, operates as a retailer in the United States. The company also manufactures and processes food for sale in its supermarkets. It operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores. Kroger has a market cap of $18.2 billion and is part of the services sector. The company has a P/E ratio of 12.7, below the S&P 500 P/E ratio of 17.7. Shares are up 36.1% year to date as of the close of trading on Friday.

TheStreet Ratings rates Kroger as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations, solid stock price performance and compelling growth in net income. 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 Kroger 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 liked this article you might like

Albertsons-Plated Deal Likely 'First Domino to Fall' In Meal Kit M&A

Strange Days at Apple

Amazon Unleashes New Assault On Grocery Stores Like Costco

Cramer: Dominoes Are in Play Today