5 Stocks Pushing The Retail Industry Downward

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 5 stocks pushing the industry lower today:

5. Abercrombie & Fitch Company ( ANF) is one of the companies pushing the Retail industry lower today. As of noon trading, Abercrombie & Fitch Company is down $1.56 (-3.0%) to $49.84 on average volume. Thus far, 1.2 million shares of Abercrombie & Fitch Company exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $49.61-$51.48 after having opened the day at $51.47 as compared to the previous trading day's close of $51.40.

Abercrombie & Fitch Co., through its subsidiaries, operates as a specialty retailer of casual apparel for men, women, and kids. It operates through three segments: U.S. Stores, International Stores, and Direct-to-Consumer. Abercrombie & Fitch Company has a market cap of $4.0 billion and is part of the services sector. Shares are up 6.2% year to date as of the close of trading on Monday. Currently there are 15 analysts that rate Abercrombie & Fitch Company a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates Abercrombie & Fitch Company 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 Abercrombie & Fitch Company Ratings Report now.

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