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4 Stocks Pushing The 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.

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 22 points (0.1%) at 15,897 as of Wednesday, Dec. 18, 2013, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,497 issues advancing vs. 1,411 declining with 169 unchanged.

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

TheStreet would like to highlight 4 stocks pushing the industry lower today:

4. Arrow Electronics ( ARW) is one of the companies pushing the Wholesale industry lower today. As of noon trading, Arrow Electronics is down $0.64 (-1.2%) to $51.74 on light volume. Thus far, 118,328 shares of Arrow Electronics exchanged hands as compared to its average daily volume of 674,500 shares. The stock has ranged in price between $51.73-$52.79 after having opened the day at $52.58 as compared to the previous trading day's close of $52.38.

Arrow Electronics, Inc. provides products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions worldwide. It operates in two segments, Global Components and Global Enterprise Computing Solutions. Arrow Electronics has a market cap of $5.2 billion and is part of the services sector. Currently there are 4 analysts that rate Arrow Electronics a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Arrow Electronics as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, attractive valuation levels, growth in earnings per share 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 Arrow Electronics 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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