Arrow Electronics Inc

(

ARW

) pushed the Wholesale industry lower today making it today's featured Wholesale loser. The industry as a whole closed the day down 0.5%. By the end of trading, Arrow Electronics Inc fell 51 cents (-1.5%) to $34.46 on light volume. Throughout the day, 589,966 shares of Arrow Electronics Inc exchanged hands as compared to its average daily volume of 1.1 million shares. The stock ranged in price between $34.28-$35.12 after having opened the day at $34.90 as compared to the previous trading day's close of $34.97. Other company's within the Wholesale industry that declined today were:

Bluelinx Holdings Inc

(

BXC

), down 8.6%,

Grupo Casa Saba S.A.B. de C.V

(

SAB

), down 6.8%,

Olympic Steel

(

ZEUS

), down 4.4%, and

Senomyx Inc

(

SNMX

), down 3.8%.

Arrow Electronics, Inc. distributes products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions worldwide. Arrow Electronics Inc has a market cap of $4.04 billion and is part of the

services

sector. The company has a P/E ratio of 7.3, equal to the average wholesale industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 2.1% year to date as of the close of trading on Monday.

TheStreet Ratings rates Arrow as a

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, increase in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front,

Lawson Products Inc

(

LAWS

), up 5.6%,

Longwei Petroleum Investment Holding Limite

(

LPH

), up 3.2%,

Wesco Aircraft Holdings Inc

(

WAIR

), up 3.1%, and

InfoSonics Corporation

(

IFON

), up 2.9%, were all gainers within the wholesale industry with

Sysco Corporation

(

SYY

) being today's featured wholesale industry winner.

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

(

IYK

) while those bearish on the wholesale industry could consider

ProShares Ultra Sht Consumer Goods

(

SZK

).

null