Cardinal Health Inc (CAH): Today's Featured Wholesale Winner
(
) pushed the Wholesale industry higher today making it today's featured wholesale winner. The industry as a whole closed the day up 0.6%. By the end of trading, Cardinal Health rose $0.78 (1.6%) to $48.79 on average volume. Throughout the day, 2,374,974 shares of Cardinal Health exchanged hands as compared to its average daily volume of 2,832,500 shares. The stock ranged in a price between $48.01-$48.93 after having opened the day at $48.03 as compared to the previous trading day's close of $48.01. Other companies within the Wholesale industry that increased today were:
(
), up 11.1%,
(
), up 10.0%,
(
), up 5.6% and
(
), up 5.2%.
Cardinal Health, Inc., a healthcare services company, provides pharmaceutical and medical products and services in the United States and internationally. The company operates in two segments, Pharmaceutical and Medical. Cardinal Health has a market cap of $16.3 billion and is part of the services sector. Shares are up 15.4% year to date as of the close of trading on Tuesday. Currently there are 9 analysts that rate Cardinal Health a buy, no analysts rate it a sell, and 2 rate it a hold.
TheStreet Ratings rates
Cardinal Health
as a
. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, notable return on equity, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows low profit margins.
- You can view the full Cardinal Health Ratings Report.
On the negative front,
(
), down 9.9%,
(
), down 4.4%,
(
), down 4.2% and
(
), down 3.6%.
- Use our wholesale section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
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
(
) while those bearish on the wholesale industry could consider
ProShares Ultra Sht Consumer Goods
(
).
- Find other investment ideas from our top rated ETFs lists.
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