3 Stocks Moving The Retail 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 lower today with the Dow Jones Industrial Average ( ^DJI) trading down 48 points (-0.3%) at 16,864 as of Wednesday, July 30, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,073 issues advancing vs. 1,897 declining with 171 unchanged.

The Retail industry currently sits up 0.5% versus the S&P 500, which is down 0.1%. Top gainers within the industry include Whole Foods Market ( WFM), up 2.7%, AutoZone ( AZO), up 1.9% and Walgreen ( WAG), up 0.8%. A company within the industry that fell today was Michael Kors Holdings ( KORS), up 1.1%.

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

3. TJX Companies ( TJX) is one of the companies pushing the Retail industry higher today. As of noon trading, TJX Companies is up $0.47 (0.9%) to $52.96 on light volume. Thus far, 1.3 million shares of TJX Companies exchanged hands as compared to its average daily volume of 4.6 million shares. The stock has ranged in price between $52.69-$53.06 after having opened the day at $52.77 as compared to the previous trading day's close of $52.49.

The TJX Companies, Inc. operates as an off-price apparel and home fashions retailer in the United States and internationally. The company operates in four segments: Marmaxx, HomeGoods, TJX Canada, and TJX Europe. TJX Companies has a market cap of $36.9 billion and is part of the services sector. Shares are down 17.6% year-to-date as of the close of trading on Tuesday. Currently there are 12 analysts who rate TJX Companies a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates TJX Companies as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, growth in earnings per share, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full TJX Companies Ratings Report now.

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2. As of noon trading, Lowe's Companies ( LOW) is up $0.31 (0.7%) to $48.35 on light volume. Thus far, 1.6 million shares of Lowe's Companies exchanged hands as compared to its average daily volume of 5.5 million shares. The stock has ranged in price between $48.06-$48.36 after having opened the day at $48.20 as compared to the previous trading day's close of $48.04.

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 3.0% year-to-date as of the close of trading on Tuesday. Currently there are 10 analysts who rate Lowe's Companies a buy, 1 analyst rates 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, compelling growth in net income, reasonable valuation levels and expanding profit margins. 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.

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1. As of noon trading, Home Depot ( HD) is up $0.43 (0.5%) to $81.41 on light volume. Thus far, 2.2 million shares of Home Depot exchanged hands as compared to its average daily volume of 6.0 million shares. The stock has ranged in price between $81.07-$81.73 after having opened the day at $81.50 as compared to the previous trading day's close of $80.98.

The Home Depot, Inc. operates as a home improvement retailer. Home Depot has a market cap of $110.9 billion and is part of the services sector. Shares are down 1.6% year-to-date as of the close of trading on Tuesday. Currently there are 13 analysts who rate Home Depot a buy, no analysts rate it a sell, and 6 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, increase in net income 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 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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