Wesco International Inc. (WCC): 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 0.3%. By the end of trading, Wesco International rose $0.98 (1.4%) to $70.77 on light volume. Throughout the day, 421,728 shares of Wesco International exchanged hands as compared to its average daily volume of 608,800 shares. The stock ranged in a price between $69.65-$71.22 after having opened the day at $69.78 as compared to the previous trading day's close of $69.79. Other companies within the Wholesale industry that increased today were:
(
), up 5.6%,
(
), up 3.8%,
(
), up 3.2% and
(
), up 2.7%.
WESCO International, Inc. engages in the distribution of electrical, industrial, and communications maintenance, repair, and operating (MRO) products; and original equipment manufacturers products and construction materials. It also provides supply chain management and logistics services. Wesco International has a market cap of $3.1 billion and is part of the services sector. Shares are up 4.0% year to date as of the close of trading on Friday. Currently there are 10 analysts that rate Wesco International a buy, no analysts rate it a sell, and 5 rate it a hold.
TheStreet Ratings rates
Wesco International
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, solid stock price performance, increase in net income and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.
- You can view the full Wesco International Ratings Report.
On the negative front,
(
), down 5.4%,
Aegean Marine Petroleum Network
(
), down 3.6%,
(
), down 2.4% and
(
), down 1.6%.
- 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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