Cardinal Health Inc

(

CAH

) pushed the Wholesale industry higher today making it today's featured wholesale winner. The industry as a whole closed the day up 2.9%. By the end of trading, Cardinal Health Inc rose $1.35 (3.4%) to $41.64 on average volume. Throughout the day, 2.5 million shares of Cardinal Health Inc exchanged hands as compared to its average daily volume of three million shares. The stock ranged in a price between $41.15-$41.66 after having opened the day at $41.38 as compared to the previous trading day's close of $40.29. Other companies within the Wholesale industry that increased today were:

Shengkai Innovations Inc

(

VALV

), up 14.3%,

Olympic Steel

(

ZEUS

), up 10.1%,

Houston Wire & Cable Company

(

HWCC

), up 8.4%, and

China Auto Logistics Inc

(

CALI

), up 8.3%.

Cardinal Health, Inc. operates as a healthcare services company that provides pharmaceutical and medical products and services. The company operates in two segments, Pharmaceutical and Medical. Cardinal Health Inc has a market cap of $14 billion and is part of the

services

sector. The company has a P/E ratio of 15.8, equal to the average wholesale industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 5.2% year to date as of the close of trading on Friday.

TheStreet Ratings rates Cardinal Health as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

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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