The

wholesale

industry closed the day down 2.3%.

Rada Electronics Industries Inc

(

RADA

),

China Armco Metals Inc

(

CNAM

),

Westinghouse Solar Inc

(

WEST

), and

China Metro-Rural Holdings

(

CNR

) were all decliners today within the wholesale industry with

Audiovox Corporation

(

VOXX

) being today's featured wholesale loser. Audiovox Corporation fell 10 cents (-1.8%) to $5.51 on light volume. Throughout the day, 56,197 shares of Audiovox Corporation exchanged hands as compared to its average daily volume of 142,600 shares.

Audiovox Corporation, through its subsidiaries, operates as a distributor and value added service provider in the accessory, mobile, and consumer electronics industries. Audiovox Corporation has a market cap of $126.1 million and is part of the

services

sector. The company has a P/E ratio of 5.1, equal to the average wholesale industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 35% year to date as of the close of trading on Thursday.

TheStreet Ratings rates Audiovox as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, a generally disappointing performance in the stock itself and poor profit margins.

TheStreet Recommends

On the positive front,

China Auto Logistics Inc

(

CALI

),

GTSI Corporation

(

GTSI

), and

Amcon Distributing Company

(

DIT

) were all gainers within the wholesale industry with

Spartan Stores Inc

(

SPTN

) 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

).

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