Whole Foods Market Inc. (WFM): Today's Featured Retail Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Whole Foods Market ( WFM) pushed the Retail industry lower today making it today's featured Retail laggard. The industry as a whole closed the day down 0.3%. By the end of trading, Whole Foods Market fell $0.90 (-1.6%) to $55.07 on light volume. Throughout the day, 2,082,961 shares of Whole Foods Market exchanged hands as compared to its average daily volume of 3,285,200 shares. The stock ranged in price between $55.04-$56.11 after having opened the day at $55.96 as compared to the previous trading day's close of $55.97. Other companies within the Retail industry that declined today were: Acorn International ( ATV), down 6.7%, QKL Stores ( QKLS), down 6.7%, RadioShack ( RSH), down 5.1% and Sears Holdings Corporation ( SHLD), down 4.1%.

Whole Foods Market, Inc. owns and operates a chain of natural and organic foods supermarkets. The company offers produce, grocery, meat and poultry, seafood, bakery, prepared foods and catering, coffee and tea, nutritional supplements, and vitamins. Whole Foods Market has a market cap of $20.7 billion and is part of the services sector. Shares are up 22.7% year to date as of the close of trading on Monday. Currently there are 13 analysts that rate Whole Foods Market a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Whole Foods Market as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. 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 positive front, dELiA*s ( DLIA), up 15.8%, Vipshop Holdings ( VIPS), up 4.4%, Aeropostale ( ARO), up 3.3% and Conn's ( CONN), up 2.8% , were all gainers within the retail industry with Michael Kors Holdings ( KORS) 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.
null

If you liked this article you might like

Amazon Teams With Food Delivery Service to Launch Amazon Restaurants

Target Is Taking on the Big Guys

This Walmart Concept Just Saw the Most New Visitors in Over 3 Years

Boeing Flies Dow to Another Record Close, S&P 500 and Nasdaq Miss Out

Cramer: Market Rushes to Refill Its Glass