3 Stocks Pushing The Retail Industry Downward

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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 lower today:

3. AutoZone ( AZO) is one of the companies pushing the Retail industry lower today. As of noon trading, AutoZone is down $10.64 (-2.0%) to $530.26 on heavy volume. Thus far, 205,214 shares of AutoZone exchanged hands as compared to its average daily volume of 260,500 shares. The stock has ranged in price between $529.15-$546.70 after having opened the day at $541.00 as compared to the previous trading day's close of $540.90.

AutoZone, Inc. is engaged in retailing and distributing automotive replacement parts and accessories. AutoZone has a market cap of $18.0 billion and is part of the services sector. Shares are up 13.2% year-to-date as of the close of trading on Friday. Currently there are 6 analysts that rate AutoZone a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates AutoZone as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, solid stock price performance, impressive record of earnings per share growth and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full AutoZone Ratings Report now.

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