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 down 0.2%. By the end of trading, Cardinal Health rose 22 cents (0.5%) to $41.38 on average volume. Throughout the day, 2.2 million shares of Cardinal Health exchanged hands as compared to its average daily volume of 2.4 million shares. The stock ranged in a price between $41.04-$41.68 after having opened the day at $41.08 as compared to the previous trading day's close of $41.16. Other companies within the Wholesale industry that increased today were:
(
), up 32.3%,
(
), up 13.9%, and
(
), up 1.6%.
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 has a market cap of $14.43 billion and is part of the
sector. The company has a P/E ratio of 14, equal to the average wholesale industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 2.7% year to date as of the close of trading on Wednesday. Currently there are 11 analysts that rate Cardinal Health a buy, no analysts rate it a sell, and one rates 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, 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.
- You can view the full Cardinal Health Ratings Report.
On the negative front,
(
), down 10.6%,
(
), down 6.1%,
Aegean Marine Petroleum Network
(
), down 5.1%, and
(
), down 3.2%, were all losers within the wholesale industry with
(
) being today's wholesale industry loser.
- 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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