3 Stocks Pushing The Retail Industry Downward

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All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 21 points (0.1%) at 16,093 as of Tuesday, Nov. 26, 2013, 11:45 AM ET. The NYSE advances/declines ratio sits at 1,560 issues advancing vs. 1,331 declining with 131 unchanged.

The Retail industry currently sits up 0.8% versus the S&P 500, which is up 0.1%. On the negative front, top decliners within the industry include eBay ( EBAY), down 1.0%, and Luxottica Group ( LUX), down 0.7%. Top gainers within the industry include Macy's ( M), up 1.3%, Home Depot ( HD), up 0.9% and Amazon.com ( AMZN), up 0.5%.

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

3. DSW ( DSW) is one of the companies pushing the Retail industry lower today. As of noon trading, DSW is down $2.54 (-5.4%) to $44.68 on heavy volume. Thus far, 2.8 million shares of DSW exchanged hands as compared to its average daily volume of 830,100 shares. The stock has ranged in price between $43.06-$44.85 after having opened the day at $44.10 as compared to the previous trading day's close of $47.22.

DSW Inc. operates as a branded footwear and accessories specialty retailer in the United States. The company offers fashion, shoes, dress, casual and athletic footwear, and accessories for women and men through its DSW stores and dsw.com. DSW has a market cap of $3.4 billion and is part of the services sector. The company has a P/E ratio of 29.2, above the S&P 500 P/E ratio of 17.7. Shares are up 43.8% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate DSW a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates DSW as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full DSW Ratings Report now.

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