4 Retail Stocks Pushing Industry Growth

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 14 points (-0.1%) at 15,098 as of Friday, Aug. 16, 2013, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,393 issues advancing vs. 1,555 declining with 92 unchanged.

The Retail industry currently sits up 0.3% versus the S&P 500, which is down 0.1%. A company within the industry that increased today was Luxottica Group ( LUX), up 0.6%.

TheStreet would like to highlight 4 stocks pushing the industry higher today:

4. Kroger ( KR) is one of the companies pushing the Retail industry higher today. As of noon trading, Kroger is up $0.23 (0.6%) to $38.24 on average volume. Thus far, 2.2 million shares of Kroger exchanged hands as compared to its average daily volume of 3.9 million shares. The stock has ranged in price between $37.97-$38.40 after having opened the day at $38.10 as compared to the previous trading day's close of $38.01.

The Kroger Co., together with its subsidiaries, operates as a retailer in the United States. The company also manufactures and processes food for sale in its supermarkets. It operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores. Kroger has a market cap of $20.1 billion and is part of the services sector. Shares are up 46.1% year to date as of the close of trading on Thursday. Currently there are 7 analysts that rate Kroger a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Kroger 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, increase in net income, revenue growth and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Kroger Ratings Report now.

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