Home Depot Inc. (HD): Today's Featured Retail Winner

Home Depot ( HD) 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, Home Depot rose $1.53 (2.1%) to $75.67 on average volume. Throughout the day, 7,358,929 shares of Home Depot exchanged hands as compared to its average daily volume of 7,608,300 shares. The stock ranged in a price between $74.58-$75.87 after having opened the day at $74.79 as compared to the previous trading day's close of $74.14. Other companies within the Retail industry that increased today were: Acorn International ( ATV), up 7.4%, Pacific Sunwear ( PSUN), up 5.7%, Companhia Brasileira De Distribuicao ( CBD), up 4.6% and SUPERVALU ( SVU), up 3.8%.

The Home Depot, Inc. operates as a home improvement retailer. Home Depot has a market cap of $107.4 billion and is part of the services sector. The company has a P/E ratio of 23.3, above the S&P 500 P/E ratio of 17.7. Shares are up 18.9% year to date as of the close of trading on Tuesday. Currently there are 12 analysts that rate Home Depot a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Home Depot as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth, notable return on equity, good cash flow from operations and compelling growth in net income. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.

On the negative front, dELiA*s ( DLIA), down 5.0%, Alon Blue Square Israel ( BSI), down 3.6%, E-Commerce China Dangdang ( DANG), down 3.5% and Jos A Bank Clothiers ( JOSB), down 2.1% , were all laggards within the retail industry with AutoZone ( AZO) 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).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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