3 Wholesale Stocks Driving The Industry Higher
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.
All three major indices are trading up today with the
Dow Jones Industrial Average
(
^DJI
) trading up 10 points (0.1%) at 17,688 as of Friday, March 27, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,747 issues advancing vs. 1,216 declining with 147 unchanged.
The Wholesale industry currently is unchanged today versus the S&P 500, which is up 0.1%. Top gainers within the industry include
(
), up 0.9%, and
(
), up 0.9%. On the negative front, top decliners within the industry include
(
), down 0.8%, and
(
), down 0.7%.
TheStreet would like to highlight 3 stocks pushing the industry higher today:
3.
(
) is one of the companies pushing the Wholesale industry higher today. As of noon trading, HD Supply Holdings is up $0.41 (1.4%) to $30.15 on average volume. Thus far, 1.1 million shares of HD Supply Holdings exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $29.30-$30.26 after having opened the day at $29.35 as compared to the previous trading day's close of $29.74.
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HD Supply Holdings, Inc. operates as an industrial distribution company in North America. It operates in four segments: Facilities Maintenance, Waterworks, Power Solutions, and Construction & Industrial - White Cap. HD Supply Holdings has a market cap of $5.9 billion and is part of the services sector. Shares are up 0.8% year-to-date as of the close of trading on Thursday. Currently there are 10 analysts who rate HD Supply Holdings a buy, no analysts rate it a sell, and 4 rate it a hold.
TheStreet Ratings rates
HD Supply Holdings
as a
. Among the areas we feel are negative, one of the most important has been poor profit margins. Get the full
HD Supply Holdings Ratings Report
now.
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2. As of noon trading,
(
) is up $0.22 (0.6%) to $38.10 on light volume. Thus far, 1.6 million shares of Sysco exchanged hands as compared to its average daily volume of 4.4 million shares. The stock has ranged in price between $37.87-$38.30 after having opened the day at $37.87 as compared to the previous trading day's close of $37.88.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
Sysco Corporation, through its subsidiaries, markets and distributes a range of food and related products primarily to the foodservice or food-away-from-home industry. It operates in Broadline and SYGMA segments. Sysco has a market cap of $22.5 billion and is part of the services sector. Shares are down 4.6% year-to-date as of the close of trading on Thursday. Currently there is 1 analyst who rates Sysco a buy, 1 analyst rates it a sell, and 6 rate it a hold.
TheStreet Ratings rates
Sysco
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full
now.
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1. As of noon trading,
(
) is up $1.24 (1.1%) to $113.33 on average volume. Thus far, 765,083 shares of AmerisourceBergen exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $112.21-$113.54 after having opened the day at $112.31 as compared to the previous trading day's close of $112.09.
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AmerisourceBergen Corporation sources and distributes pharmaceutical products to healthcare providers, pharmaceutical and biotech manufacturers, and specialty drug patients in the United States and internationally. AmerisourceBergen has a market cap of $24.6 billion and is part of the services sector. Shares are up 24.3% year-to-date as of the close of trading on Thursday. Currently there are 7 analysts who rate AmerisourceBergen a buy, no analysts rate it a sell, and 7 rate it a hold.
TheStreet Ratings rates
AmerisourceBergen
as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity. Get the full
AmerisourceBergen Ratings Report
now.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the wholesale industry could consider
iShares Dow Jones US Cons Goods
(
) while those bearish on the wholesale industry could consider
ProShares Ultra Sht Consumer Goods
(
).
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