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 1.7%. By the end of trading, Walgreen Company fell $1.04 (-1.6%) to $66.05 on average volume. Throughout the day, 5,923,047 shares of Walgreen Company exchanged hands as compared to its average daily volume of 6,962,000 shares. The stock ranged in price between $65.73-$67.67 after having opened the day at $67.27 as compared to the previous trading day's close of $67.09. Other companies within the Retail industry that declined today were: QKL Stores ( QKLS), down 13.6%, E-Commerce China Dangdang ( DANG), down 5.2%, Vipshop Holdings ( VIPS), down 4.9% and Stage Stores ( SSI), down 4.6%.

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 $63.3 billion and is part of the services sector. Shares are up 16.8% year to date as of the close of trading on Thursday. Currently there are 12 analysts that rate Walgreen Company a buy, 2 analysts rate 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, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, reasonable valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, Body Central ( BODY), up 7.0%, Companhia Brasileira De Distribuicao ( CBD), up 4.2%, Best Buy ( BBY), up 3.5% and Genesco ( GCO), up 2.7% , were all gainers within the retail industry with SUPERVALU ( SVU) 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.

More from Markets

Dow Set to Snap 8-Day Losing Streak as Stocks Recover, But Trade War Lingers

Dow Set to Snap 8-Day Losing Streak as Stocks Recover, But Trade War Lingers

Dow Sinks for Eighth Straight Session; Intel's CEO Departs -- ICYMI

Dow Sinks for Eighth Straight Session; Intel's CEO Departs -- ICYMI

Dow Logs Eighth Straight Drop as Stocks Slump

Dow Logs Eighth Straight Drop as Stocks Slump

This Is What's Hot Thursday - Stocks Slide, Intel's CEO Woes & Major Movers

This Is What's Hot Thursday - Stocks Slide, Intel's CEO Woes & Major Movers

U.S. Banks Pass Fed 'Stress Test' With Room for Dividends, Buybacks

U.S. Banks Pass Fed 'Stress Test' With Room for Dividends, Buybacks