3 Retail Stocks Pushing Industry Growth

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 41 points (-0.3%) at 15,444 as of Tuesday, July 16, 2013, 12:45 PM ET. The NYSE advances/declines ratio sits at 951 issues advancing vs. 1,969 declining with 95 unchanged.

The Retail industry currently sits down 0.6% versus the S&P 500, which is down 0.4%. On the negative front, top decliners within the industry include Macy's ( M), down 1.0%, and Luxottica Group ( LUX), down 0.8%.

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

3. Rite Aid Corporation ( RAD) is one of the companies pushing the Retail industry higher today. As of noon trading, Rite Aid Corporation is up $0.16 (5.7%) to $2.99 on heavy volume. Thus far, 21.2 million shares of Rite Aid Corporation exchanged hands as compared to its average daily volume of 24.9 million shares. The stock has ranged in price between $2.80-$3.00 after having opened the day at $2.83 as compared to the previous trading day's close of $2.83.

Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. Rite Aid Corporation has a market cap of $2.5 billion and is part of the services sector. Shares are up 105.9% year to date as of the close of trading on Monday. Currently there is 1 analyst that rates Rite Aid Corporation a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Rite Aid Corporation as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and poor profit margins. Get the full Rite Aid Corporation Ratings Report now.

3x UPSIDE POTENTIAL: 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, Costco Wholesale Corporation ( COST) is up $0.60 (0.5%) to $116.49 on light volume. Thus far, 606,975 shares of Costco Wholesale Corporation exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $115.55-$116.74 after having opened the day at $116.17 as compared to the previous trading day's close of $115.89.

Costco Wholesale Corporation engages in the operation of membership warehouses. The company offers branded and private-label products in a range of merchandise categories. Costco Wholesale Corporation has a market cap of $50.9 billion and is part of the services sector. Shares are up 18.0% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate Costco Wholesale Corporation a buy, 2 analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Costco Wholesale Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Costco Wholesale Corporation Ratings Report now.

3x UPSIDE POTENTIAL: 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, CVS Caremark ( CVS) is up $0.30 (0.5%) to $60.95 on light volume. Thus far, 1.6 million shares of CVS Caremark exchanged hands as compared to its average daily volume of 5.0 million shares. The stock has ranged in price between $60.28-$61.03 after having opened the day at $60.44 as compared to the previous trading day's close of $60.65.

CVS Caremark Corporation, together with its subsidiaries, provides integrated pharmacy health care services in the United States. CVS Caremark has a market cap of $74.6 billion and is part of the services sector. Shares are up 26.1% year to date as of the close of trading on Monday. Currently there are 15 analysts that rate CVS Caremark a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates CVS Caremark as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full CVS Caremark Ratings Report now.

3x UPSIDE POTENTIAL: 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 3 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).

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