3 Retail Stocks Pushing Industry Growth

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 55 points (0.3%) at 16,661 as of Tuesday, May 27, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,943 issues advancing vs. 1,024 declining with 173 unchanged.

The Retail industry currently sits up 0.9% versus the S&P 500, which is up 0.5%.

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

3. Whole Foods Market ( WFM) is one of the companies pushing the Retail industry higher today. As of noon trading, Whole Foods Market is up $0.74 (2.0%) to $38.52 on average volume. Thus far, 3.1 million shares of Whole Foods Market exchanged hands as compared to its average daily volume of 5.8 million shares. The stock has ranged in price between $37.96-$38.86 after having opened the day at $37.99 as compared to the previous trading day's close of $37.78.

Whole Foods Market, Inc. operates as a retailer of natural and organic foods. Whole Foods Market has a market cap of $13.9 billion and is part of the services sector. Shares are down 34.7% year-to-date as of the close of trading on Friday. Currently there are 10 analysts who rate Whole Foods Market a buy, 1 analyst rates it a sell, and 9 rate it a hold.

TheStreet Ratings rates Whole Foods Market 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 and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Whole Foods Market 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, Lowe's Companies ( LOW) is up $0.65 (1.4%) to $47.71 on average volume. Thus far, 2.3 million shares of Lowe's Companies exchanged hands as compared to its average daily volume of 5.8 million shares. The stock has ranged in price between $47.15-$47.75 after having opened the day at $47.18 as compared to the previous trading day's close of $47.06.

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 $47.9 billion and is part of the services sector. Shares are down 5.0% year-to-date as of the close of trading on Friday. 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, impressive record of earnings per share growth, expanding profit margins, good cash flow from operations and increase in stock price during the past year. 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.

1. As of noon trading, Home Depot ( HD) is up $0.60 (0.8%) to $79.78 on light volume. Thus far, 2.1 million shares of Home Depot exchanged hands as compared to its average daily volume of 6.9 million shares. The stock has ranged in price between $79.30-$80.00 after having opened the day at $79.38 as compared to the previous trading day's close of $79.18.

The Home Depot, Inc. operates as a home improvement retailer. Home Depot has a market cap of $108.3 billion and is part of the services sector. Shares are down 3.8% year-to-date as of the close of trading on Friday. Currently there are 13 analysts who rate Home Depot a buy, no analysts rate it a sell, and 5 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 revenue growth, notable return on equity, impressive record of earnings per share growth and increase in net income. 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 Home Depot 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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