3 Stocks Raising The Retail Industry Higher

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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 76 points (0.5%) at 16,332 as of Wednesday, April 9, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,886 issues advancing vs. 1,057 declining with 161 unchanged.

The Retail industry currently sits up 0.3% versus the S&P 500, which is up 0.5%. Top gainers within the industry include eBay ( EBAY), up 1.0%, and Home Depot ( HD), up 0.5%. A company within the industry that fell today was Companhia Brasileira De Distribuicao ( CBD), up 2.5%.

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

3. Lowe's Companies ( LOW) is one of the companies pushing the Retail industry higher today. As of noon trading, Lowe's Companies is up $0.30 (0.6%) to $47.03 on light volume. Thus far, 2.4 million shares of Lowe's Companies exchanged hands as compared to its average daily volume of 6.7 million shares. The stock has ranged in price between $46.51-$47.11 after having opened the day at $46.82 as compared to the previous trading day's close of $46.73.

Lowe's Companies, Inc. operates as a home improvement retailer. It offers products for maintenance, repair, remodeling, and home decorating. Lowe's Companies has a market cap of $47.6 billion and is part of the services sector. Shares are down 5.7% year-to-date as of the close of trading on Tuesday. Currently there are 10 analysts who rate Lowe's Companies a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Lowe's Companies as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, notable return on equity and solid stock price performance. 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 Lowe's Companies Ratings Report now.

3x UPSIDE POTENTIAL: 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, Walgreen Company ( WAG) is up $0.76 (1.2%) to $64.58 on average volume. Thus far, 3.9 million shares of Walgreen Company exchanged hands as compared to its average daily volume of 6.8 million shares. The stock has ranged in price between $63.52-$65.04 after having opened the day at $63.97 as compared to the previous trading day's close of $63.82.

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 $62.1 billion and is part of the services sector. Shares are up 11.1% year-to-date as of the close of trading on Tuesday. Currently there are 12 analysts who 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. Get the full Walgreen Company Ratings Report now.

3x UPSIDE POTENTIAL: 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, CVS Caremark ( CVS) is up $0.57 (0.8%) to $73.75 on average volume. Thus far, 2.6 million shares of CVS Caremark exchanged hands as compared to its average daily volume of 6.0 million shares. The stock has ranged in price between $73.17-$73.81 after having opened the day at $73.23 as compared to the previous trading day's close of $73.18.

CVS Caremark Corporation, together with its subsidiaries, provides integrated pharmacy health care services in the United States. The company operates through Pharmacy Services and Retail Pharmacy segments. CVS Caremark has a market cap of $87.7 billion and is part of the services sector. Shares are up 2.2% year-to-date as of the close of trading on Tuesday. Currently there are 15 analysts who rate CVS Caremark a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates CVS Caremark as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, increase in net income and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full CVS Caremark Ratings Report now.

3x UPSIDE POTENTIAL: 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).

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