Home Depot Inc. (HD): 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.

Home Depot ( HD) pushed the Retail industry lower today making it today's featured Retail laggard. The industry as a whole closed the day down 0.7%. By the end of trading, Home Depot fell $0.99 (-1.2%) to $78.61 on average volume. Throughout the day, 7,427,346 shares of Home Depot exchanged hands as compared to its average daily volume of 6,952,500 shares. The stock ranged in price between $78.40-$79.93 after having opened the day at $79.32 as compared to the previous trading day's close of $79.60. Other companies within the Retail industry that declined today were: Lumber Liquidators Holdings ( LL), down 13.7%, Village Super Market ( VLGEA), down 8.0%, Burlington Stores ( BURL), down 7.8% and Pep Boys - Manny Moe & Jack ( PBY), down 7.6%.

The Home Depot, Inc. operates as a home improvement retailer. Home Depot has a market cap of $112.4 billion and is part of the services sector. The company has a P/E ratio of 21.6, above the S&P 500 P/E ratio of 17.7. Shares are up 28.7% year to date as of the close of trading on Monday. Currently there are 10 analysts that rate Home Depot a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Home Depot as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, notable return on equity and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

On the positive front, Advance Auto Parts ( AAP), up 4.9%, Liberator Medical Holdings ( LBMH), up 4.9%, J.C. Penney ( JCP), up 3.6% and Fairway Group Holdings Corp Class A ( FWM), up 2.5% , were all gainers within the retail industry with AutoZone ( AZO) 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.
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