Walgreen Company (WAG): 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.

Walgreen Company ( WAG) pushed the Retail industry lower today making it today's featured Retail laggard. The industry as a whole closed the day down 0.5%. By the end of trading, Walgreen Company fell $0.73 (-1.2%) to $59.16 on average volume. Throughout the day, 5,568,131 shares of Walgreen Company exchanged hands as compared to its average daily volume of 5,460,100 shares. The stock ranged in price between $59.12-$60.00 after having opened the day at $59.75 as compared to the previous trading day's close of $59.89. Other companies within the Retail industry that declined today were: Best Buy ( BBY), down 8.9%, E-Commerce China Dangdang ( DANG), down 6.0%, J.C. Penney ( JCP), down 5.5% and Destination XL Group ( DXLG), down 5.1%.

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 $56.5 billion and is part of the services sector. The company has a P/E ratio of 20.9, above the S&P 500 P/E ratio of 17.7. Shares are up 4.3% year to date as of the close of trading on Thursday. Currently there are 12 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 revenue growth, impressive record of earnings per share growth, compelling growth in net income, 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 shows weak operating cash flow.

On the positive front, QKL Stores ( QKLS), up 12.9%, Liberator Medical Holdings ( LBMH), up 6.6%, ALCO Stores ( ALCS), up 5.3% and Rite Aid Corporation ( RAD), up 4.7% , 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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