3 Stocks Moving The Retail Industry Upward

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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 23 points (-0.1%) at 15,403 as of Monday, Aug. 12, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,506 issues advancing vs. 1,423 declining with 115 unchanged.

The Retail industry currently is unchanged today versus the S&P 500, which is down 0.2%. On the negative front, top decliners within the industry include Luxottica Group ( LUX), down 0.9%, and Kroger ( KR), down 0.8%.

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

3. Nordstrom ( JWN) is one of the companies pushing the Retail industry higher today. As of noon trading, Nordstrom is up $1.39 (2.4%) to $60.18 on heavy volume. Thus far, 1.8 million shares of Nordstrom exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $58.50-$60.36 after having opened the day at $58.68 as compared to the previous trading day's close of $58.79.

Nordstrom, Inc., a fashion specialty retailer, offers apparel, shoes, cosmetics, and accessories for women, men, and children in the United States. It operates in two segments, Retail and Credit. The Retail segment offers a selection of brand name and private label merchandise. Nordstrom has a market cap of $11.7 billion and is part of the services sector. Shares are up 9.9% year to date as of the close of trading on Friday. Currently there are 11 analysts that rate Nordstrom a buy, 2 analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Nordstrom 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, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Nordstrom 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, Walgreen Company ( WAG) is up $0.30 (0.6%) to $49.91 on light volume. Thus far, 1.5 million shares of Walgreen Company exchanged hands as compared to its average daily volume of 6.0 million shares. The stock has ranged in price between $49.27-$50.16 after having opened the day at $49.40 as compared to the previous trading day's close of $49.61.

Walgreen Co., together with its subsidiaries, operates a network of drugstores in the United States. It provides consumer goods and services, pharmacy, and health and wellness services through drugstores, as well as through mail, and by telephone and online. Walgreen Company has a market cap of $47.1 billion and is part of the services sector. Shares are up 34.0% year to date as of the close of trading on Friday. Currently there are 9 analysts that rate Walgreen Company a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates Walgreen Company as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Walgreen Company 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, Lowe's Companies ( LOW) is up $0.32 (0.7%) to $46.00 on light volume. Thus far, 2.6 million shares of Lowe's Companies exchanged hands as compared to its average daily volume of 7.5 million shares. The stock has ranged in price between $45.59-$46.25 after having opened the day at $45.60 as compared to the previous trading day's close of $45.68.

Lowe's Companies, Inc. operates as a home improvement retailer. It offers products for maintenance, repair, remodeling, and home decorating. Lowe's Companies has a market cap of $49.5 billion and is part of the services sector. Shares are up 28.6% year to date as of the close of trading on Friday. Currently there are 10 analysts that rate Lowe's Companies a buy, 1 analyst rates it a sell, and 9 rate it a hold.

TheStreet Ratings rates Lowe's Companies as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, solid stock price performance, notable return on equity and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Lowe's Companies 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).
null

If you liked this article you might like

AAP Exclusive: Cramer on Why He Added Nordstrom To His Charitable Trust

AAP Exclusive: Cramer on Why He Added Nordstrom To His Charitable Trust

Here's One Hint That S&P 500 Stocks Are a Screaming Buy

Here's One Hint That S&P 500 Stocks Are a Screaming Buy

Cramer: 10 Stock Surprises

Cramer: 10 Stock Surprises

Roku, Amazon, Teladoc, Weyerhaeuser: 'Mad Money' Lightning Round

Roku, Amazon, Teladoc, Weyerhaeuser: 'Mad Money' Lightning Round

Volatility Is Still in Charge: Cramer's 'Mad Money' Recap (Friday, 2/9/18)

Volatility Is Still in Charge: Cramer's 'Mad Money' Recap (Friday, 2/9/18)