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Anixter International Inc (AXE): Today's Featured Wholesale Winner

The wholesale industry closed the day down 1.7%. China Metro-Rural Holdings ( CNR), InfoSonics Corporation ( IFON), Bluelinx Holdings Inc ( BXC), and China Auto Logistics Inc ( CALI) were all winners today within the wholesale industry with Anixter International Inc ( AXE) being today's featured wholesale winner. Anixter International Inc rose $3.44 (6.5%) to $56.12 on heavy volume. Throughout the day, 1.1 million shares of Anixter International Inc exchanged hands as compared to its average daily volume of 446,800 shares.

Anixter International Inc., together with its subsidiaries, distributes communications products, electrical wire and cable products, fasteners, and other small parts. Anixter International Inc has a market cap of $1.8 billion and is part of the services sector. The company has a P/E ratio of 11.1, equal to the average wholesale industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 11.8% year to date as of the close of trading on Monday.

TheStreet Ratings rates Anixter International as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, robust revenue growth, notable return on equity and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the negative front, Chindex International Inc ( CHDX), Rada Electronics Industries Inc ( RADA), China Armco Metals Inc ( CNAM), and L.B. Foster Company ( FSTR) were all losers within the wholesale industry with Staar Surgical ( STAA) being today's wholesale industry Loser Spotlight stock.

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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