3 Retail Stocks Moving The Industry Upward

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.

Two out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 91 points (0.6%) at 16,492 as of Wednesday, May 7, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,744 issues advancing vs. 1,239 declining with 163 unchanged.

The Retail industry currently sits down 1.5% versus the S&P 500, which is up 0.3%. On the negative front, top decliners within the industry include Amazon.com ( AMZN), down 2.7%, eBay ( EBAY), down 0.9% and Home Depot ( HD), down 0.8%.

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

3. CVS Caremark ( CVS) is one of the companies pushing the Retail industry higher today. As of noon trading, CVS Caremark is up $1.06 (1.4%) to $75.50 on average volume. Thus far, 2.4 million shares of CVS Caremark exchanged hands as compared to its average daily volume of 5.8 million shares. The stock has ranged in price between $74.38-$75.60 after having opened the day at $74.81 as compared to the previous trading day's close of $74.44.

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 4.0% 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.

2. As of noon trading, Walgreen ( WAG) is up $0.59 (0.9%) to $69.37 on light volume. Thus far, 1.9 million shares of Walgreen exchanged hands as compared to its average daily volume of 6.8 million shares. The stock has ranged in price between $68.05-$69.44 after having opened the day at $69.07 as compared to the previous trading day's close of $68.78.

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 has a market cap of $66.7 billion and is part of the services sector. Shares are up 19.7% year-to-date as of the close of trading on Tuesday. Currently there are 13 analysts who rate Walgreen a buy, 2 analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Walgreen 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 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, Wal-Mart Stores ( WMT) is up $0.39 (0.5%) to $77.92 on average volume. Thus far, 3.1 million shares of Wal-Mart Stores exchanged hands as compared to its average daily volume of 6.7 million shares. The stock has ranged in price between $77.53-$78.02 after having opened the day at $77.85 as compared to the previous trading day's close of $77.53.

Wal-Mart Stores Inc. operates retail stores in various formats worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. Wal-Mart Stores has a market cap of $253.7 billion and is part of the services sector. Shares are down 0.9% year-to-date as of the close of trading on Tuesday. Currently there are 8 analysts who rate Wal-Mart Stores a buy, 1 analyst rates it a sell, and 9 rate it a hold.

TheStreet Ratings rates Wal-Mart Stores as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, reasonable valuation levels, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Wal-Mart Stores 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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