3 Retail Stocks Dragging The Industry Down

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 18 points (0.1%) at 15,482 as of Monday, July 15, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,893 issues advancing vs. 1,042 declining with 108 unchanged.

The Retail industry currently sits up 0.5% versus the S&P 500, which is up 0.1%.

TheStreet would like to highlight 3 stocks pushing the industry lower today:

3. Michael Kors Holdings ( KORS) is one of the companies pushing the Retail industry lower today. As of noon trading, Michael Kors Holdings is down $1.43 (-2.2%) to $62.39 on average volume. Thus far, 1.9 million shares of Michael Kors Holdings exchanged hands as compared to its average daily volume of 3.7 million shares. The stock has ranged in price between $61.81-$62.81 after having opened the day at $62.50 as compared to the previous trading day's close of $63.82.

Michael Kors Holdings Limited engages in the design, marketing, distribution, and retail of branded women's apparel and accessories, and men's apparel. The company sells its products primarily under the names of Michael Kors, MICHAEL KORS, MICHAEL MICHAEL KORS, and KORS MICHAEL KORS. Michael Kors Holdings has a market cap of $13.0 billion and is part of the services sector. Shares are up 25.8% year to date as of the close of trading on Friday. Currently there are 13 analysts that rate Michael Kors Holdings a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates Michael Kors Holdings as a hold. The company's strengths can be seen in multiple areas, such as its notable return on equity, robust revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we find that the stock itself is trading at a premium valuation. Get the full Michael Kors Holdings Ratings Report now.

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

2. As of noon trading, Wal-Mart Stores ( WMT) is down $0.55 (-0.7%) to $77.08 on light volume. Thus far, 2.5 million shares of Wal-Mart Stores exchanged hands as compared to its average daily volume of 7.4 million shares. The stock has ranged in price between $76.70-$77.30 after having opened the day at $77.21 as compared to the previous trading day's close of $77.63.

Wal-Mart Stores, Inc. operates retail stores in various formats worldwide. The company operates in three segments: Walmart U.S., Walmart International, and Sam's Club. Wal-Mart Stores has a market cap of $254.4 billion and is part of the services sector. Shares are up 13.8% year to date as of the close of trading on Friday. Currently there are 12 analysts that rate Wal-Mart Stores a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Wal-Mart Stores as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, growth in earnings per share, increase in stock price during the past year and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Wal-Mart Stores Ratings Report now.

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

1. As of noon trading, Amazon.com ( AMZN) is down $2.81 (-0.9%) to $304.74 on average volume. Thus far, 1.3 million shares of Amazon.com exchanged hands as compared to its average daily volume of 3.1 million shares. The stock has ranged in price between $304.35-$307.99 after having opened the day at $307.27 as compared to the previous trading day's close of $307.55.

Amazon.com, Inc. operates as an online retailer in North America and internationally. The company operates in two segments, North America and International. Amazon.com has a market cap of $136.4 billion and is part of the services sector. Shares are up 19.4% year to date as of the close of trading on Friday. Currently there are 23 analysts that rate Amazon.com a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Amazon.com as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, robust revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. Get the full Amazon.com Ratings Report now.

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

If you are interested in one of these 4 stocks, 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).

null

More from Markets

Video: There Are Some Big Changes Coming to the PGA Championships in 2019

Video: There Are Some Big Changes Coming to the PGA Championships in 2019

Video: One-on-One With Pluralsight's CEO Following Its Successful IPO

Video: One-on-One With Pluralsight's CEO Following Its Successful IPO

CBS-Viacom Battle Comes to a Head; FDA Approves Novartis Migraine Drug --ICMYI

CBS-Viacom Battle Comes to a Head; FDA Approves Novartis Migraine Drug --ICMYI

Listen: Here's What You Need To Know About ETFs Today (Hint: They're on Fire!)

Listen: Here's What You Need To Know About ETFs Today (Hint: They're on Fire!)

Cramer and His Team Stick to Their Disciplines -- Even When It's Disappointing

Cramer and His Team Stick to Their Disciplines -- Even When It's Disappointing