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AXE, LKQ, GWW, MCK And CAH, Pushing Wholesale Industry Downward

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 up 26 points (0.2%) at 15,572 as of Tuesday, July 23, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,636 issues advancing vs. 1,285 declining with 117 unchanged.

The Wholesale industry currently is unchanged today versus the S&P 500, which is down 0.1%.

TheStreet would like to highlight 5 stocks pushing the industry lower today:

5. Anixter International ( AXE) is one of the companies pushing the Wholesale industry lower today. As of noon trading, Anixter International is down $2.14 (-2.6%) to $79.35 on heavy volume. Thus far, 427,308 shares of Anixter International exchanged hands as compared to its average daily volume of 254,500 shares. The stock has ranged in price between $76.99-$80.35 after having opened the day at $77.65 as compared to the previous trading day's close of $81.49.

Anixter International Inc., together with its subsidiaries, distributes enterprise cabling and security solutions, electrical and electronic wire and cable products, original equipment manufacturer (OEM) supply fasteners, and other small parts. Anixter International has a market cap of $2.7 billion and is part of the services sector. Shares are up 27.4% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate Anixter International a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Anixter International as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Anixter International Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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