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Amcon Distributing Company (DIT): Today's Featured Wholesale Loser

The wholesale industry closed the day up 2.2%. Omnicare Inc ( OCR), InfoSonics Corporation ( IFON), Wesco Aircraft Holdings Inc ( WAIR), and China Metro-Rural Holdings ( CNR) were all decliners today within the wholesale industry with Amcon Distributing Company ( DIT) being today's featured wholesale loser. Amcon Distributing Company fell $1.10 (-1.9%) to $55.90 on average volume. Throughout the day, 912 shares of Amcon Distributing Company exchanged hands as compared to its average daily volume of 1,100 shares.

AMCON Distributing Company and its subsidiaries engage in the wholesale distribution of consumer products in the Central and Rocky Mountain regions of the United States. It operates in two segments, Wholesale Distribution and Retail Health Food. Amcon Distributing Company has a market cap of $34.7 million and is part of the services sector. The company has a P/E ratio of 5.5, equal to the average wholesale industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 28.8% year to date as of the close of trading on Monday.

TheStreet Ratings rates Amcon Distributing as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels and notable return on equity. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, poor profit margins and weak operating cash flow.

On the positive front, Rada Electronics Industries Inc ( RADA), Westinghouse Solar Inc ( WEST), Lawson Products Inc ( LAWS), and Chefs Warehouse Holdings ( CHEF) were all gainers within the wholesale industry with Medco Health Solutions Inc ( MHS) being today's featured wholesale industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the wholesale industry could consider iShares Dow Jones US Cons Goods ( IYK) while those bearish on the wholesale industry could consider ProShares Ultra Sht Consumer Goods ( SZK).

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