Safeway Inc. (SWY): Today's Featured Retail Laggard

Safeway ( SWY) pushed the Retail industry lower today making it today's featured Retail laggard. The industry as a whole closed the day up 1.0%. By the end of trading, Safeway fell $0.36 (-1.5%) to $23.30 on light volume. Throughout the day, 3,525,219 shares of Safeway exchanged hands as compared to its average daily volume of 6,144,200 shares. The stock ranged in price between $23.17-$23.70 after having opened the day at $23.63 as compared to the previous trading day's close of $23.66. Other companies within the Retail industry that declined today were: Christopher & Banks Corporation ( CBK), down 6.8%, Sears Hometown & Outlet Stores ( SHOS), down 2.6%, Fresh Market ( TFM), down 2.5% and Rite Aid Corporation ( RAD), down 2.5%.

Safeway Inc., together with its subsidiaries, operates as a food and drug retailer in North America. Safeway has a market cap of $5.8 billion and is part of the services sector. The company has a P/E ratio of 10.1, below the S&P 500 P/E ratio of 17.7. Shares are up 30.8% year to date as of the close of trading on Friday. Currently there are 3 analysts that rate Safeway a buy, 3 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Safeway as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, attractive valuation levels and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

On the positive front, Best Buy ( BBY), up 8.8%, E-Commerce China Dangdang ( DANG), up 6.3%, Overstock.com ( OSTK), up 6.2% and Liberty Interactive ( LINTB), up 6.2% , were all gainers within the retail industry with Amazon.com ( AMZN) being today's featured retail industry leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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