This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stock Under $10 that he thinks could potentially double or triple in the next 6 to 12-months. See what he's trading today with a 14-day FREE pass.

Patterson Companies Inc. (PDCO): Today's Featured Wholesale Winner

Patterson Companies (PDCO) pushed the Wholesale industry higher today making it today's featured wholesale winner. The industry as a whole closed the day down 0.2%. By the end of trading, Patterson Companies rose 32 cents (1%) to $33.82 on average volume. Throughout the day, 762,486 shares of Patterson Companies exchanged hands as compared to its average daily volume of 667,900 shares. The stock ranged in a price between $33.24-$33.84 after having opened the day at $33.29 as compared to the previous trading day's close of $33.50. Other companies within the Wholesale industry that increased today were: Core-Mark Holding Company (CORE), up 9.9%, Chindex International (CHDX), up 6%, Houston Wire & Cable Company (HWCC), up 5.3%, and Henry Schein (HSIC), up 3.8%.

Patterson Companies, Inc. operates as a distributor serving the dental, companion-pet veterinarian, and rehabilitation supply markets in North America. Patterson Companies has a market cap of $3.72 billion and is part of the services sector. The company has a P/E ratio of 17.9, above the average wholesale industry P/E ratio of 17.8 and above the S&P 500 P/E ratio of 17.7. Shares are up 13.5% year to date as of the close of trading on Monday. Currently there are seven analysts that rate Patterson Companies a buy, one analyst rates it a sell, and five rate it a hold.

TheStreet Ratings rates Patterson Companies as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth, 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 has had lackluster performance in the stock itself.

On the negative front, Wesco Aircraft Holdings (WAIR), down 12.2%, Westinghouse Solar (WEST), down 9.1%, InfoSonics Corporation (IFON), down 5.4%, and SinoHub (SIHI), down 5%, were all losers within the wholesale industry with Wesco International (WCC) being today's wholesale industry loser.

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).

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
Submit an article to us!
DOW 17,086.63 -26.91 -0.16%
S&P 500 1,987.01 +3.48 0.18%
NASDAQ 4,473.6970 +17.6810 0.40%

Brokerage Partners

Top Rated Stocks Top Rated Funds Top Rated ETFs