4 Stocks Pulling The Retail Industry Downward

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 32 points (-0.2%) at 15,645 as of Thursday, Sept. 19, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,343 issues advancing vs. 1,599 declining with 112 unchanged.

The Retail industry currently sits up 0.1% versus the S&P 500, which is down 0.1%. A company within the industry that fell today was CVS Caremark ( CVS), up 0.6%.

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

4. Pier 1 Imports ( PIR) is one of the companies pushing the Retail industry lower today. As of noon trading, Pier 1 Imports is down $2.66 (-11.3%) to $20.94 on heavy volume. Thus far, 7.7 million shares of Pier 1 Imports exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $20.80-$21.60 after having opened the day at $21.57 as compared to the previous trading day's close of $23.60.

Pier 1 Imports, Inc. operates as an importer and specialty retailer of imported decorative home furnishings and gifts. The company is also involved in e-commerce business. Pier 1 Imports has a market cap of $2.5 billion and is part of the services sector. Shares are up 18.0% year to date as of the close of trading on Wednesday. Currently there are 10 analysts that rate Pier 1 Imports a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Pier 1 Imports as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, revenue growth, good cash flow from operations, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Pier 1 Imports Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

3. As of noon trading, Bed Bath & Beyond ( BBBY) is down $1.34 (-1.7%) to $75.63 on average volume. Thus far, 948,432 shares of Bed Bath & Beyond exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $75.38-$76.34 after having opened the day at $75.96 as compared to the previous trading day's close of $76.97.

Bed Bath & Beyond Inc., together with its subsidiaries, operates a chain of retail stores. Bed Bath & Beyond has a market cap of $16.5 billion and is part of the services sector. Shares are up 37.7% year to date as of the close of trading on Wednesday. Currently there are 11 analysts that rate Bed Bath & Beyond a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates Bed Bath & Beyond as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, growth in earnings per share, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Bed Bath & Beyond Ratings Report now.

STOCKS TO BUY: 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, Whole Foods Market ( WFM) is down $0.86 (-1.4%) to $58.46 on average volume. Thus far, 1.4 million shares of Whole Foods Market exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $58.10-$59.34 after having opened the day at $59.32 as compared to the previous trading day's close of $59.32.

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 $21.7 billion and is part of the services sector. Shares are up 27.6% year to date as of the close of trading on Wednesday. Currently there are 11 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 expanding profit margins. 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. Get the full Whole Foods Market Ratings Report now.

STOCKS TO BUY: 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, Wal-Mart Stores ( WMT) is down $0.57 (-0.8%) to $75.85 on average volume. Thus far, 4.1 million shares of Wal-Mart Stores exchanged hands as compared to its average daily volume of 5.8 million shares. The stock has ranged in price between $75.62-$76.53 after having opened the day at $76.50 as compared to the previous trading day's close of $76.42.

Wal-Mart Stores, Inc. operates retail stores in various formats worldwide. The company operates in three segments: Walmart U.S., Walmart International, and Sam's Club. Wal-Mart Stores has a market cap of $244.6 billion and is part of the services sector. Shares are up 10.1% year to date as of the close of trading on Wednesday. Currently there are 10 analysts that rate Wal-Mart Stores a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Wal-Mart Stores as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations, growth in earnings per share and increase in net income. 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 Wal-Mart Stores Ratings Report now.

STOCKS TO BUY: 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

More from Markets

Video: There Are Some Big Changes Coming to the PGA Championships in 2019

Video: There Are Some Big Changes Coming to the PGA Championships in 2019

Video: One-on-One With Pluralsight's CEO Following Its Successful IPO

Video: One-on-One With Pluralsight's CEO Following Its Successful IPO

CBS-Viacom Battle Comes to a Head; FDA Approves Novartis Migraine Drug --ICMYI

CBS-Viacom Battle Comes to a Head; FDA Approves Novartis Migraine Drug --ICMYI

Listen: Here's What You Need To Know About ETFs Today (Hint: They're on Fire!)

Listen: Here's What You Need To Know About ETFs Today (Hint: They're on Fire!)

Cramer and His Team Stick to Their Disciplines -- Even When It's Disappointing

Cramer and His Team Stick to Their Disciplines -- Even When It's Disappointing