Retail Stock Roundup (BBY, JWN, ANF, M)

A huge sell off has swept over Wall Street today, sending the Dow Jones Industrial Average plummeting 300 points to 9,956 with about a half hour left during the trading week. Retail stocks were among the market leaders during the run up in share prices over the last year, but are among the biggest losers today. Shares of Best Buy BBY have fallen 2.96% to $39.05. Over the last three months, BBY has gained 5.14%. Best Buy is now trading at a P/E of 12.66, which on the surface appears to be cheap. Nordstrom JWN has been crushed during Friday's trading, losing 5.74% to $36.31. Year to date, JWN is down 3.38% as it has now given up all of its gains from the rally earlier in 2010. Abercrombie & Fitch ANF shares had a very strong day yesterday, but has given all of those gains back today. ANF is down 7.37% to $34.82. Macy's M is down 6.54% on the session to $21.02. In the last year, M has jumped 63.2%. The stock is now trading at a P/E of 19.35.