LKQ Corporation (LKQ): Today's Featured Wholesale Winner
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
(
) pushed the Wholesale industry higher today making it today's featured wholesale winner. The industry as a whole closed the day up 0.4%. By the end of trading, LKQ Corporation rose $0.34 (1.1%) to $31.68 on average volume. Throughout the day, 1,088,018 shares of LKQ Corporation exchanged hands as compared to its average daily volume of 1,238,700 shares. The stock ranged in a price between $31.31-$31.86 after having opened the day at $31.50 as compared to the previous trading day's close of $31.34. Other companies within the Wholesale industry that increased today were:
(
), up 12.0%,
(
), up 7.3%,
(
TheStreet Recommends
), up 4.7% and
(
), up 4.7%.
LKQ Corporation, together with its subsidiaries, provides replacement parts, components, and systems needed to repair vehicles, primarily cars and trucks in the United States, the United Kingdom, Canada, Mexico, and Central America. LKQ Corporation has a market cap of $9.5 billion and is part of the consumer goods sector. Shares are up 49.8% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate LKQ Corporation a buy, no analysts rate it a sell, and 3 rate it a hold.
TheStreet Ratings rates
LKQ Corporation
as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, growth in earnings per share, good cash flow from operations, solid stock price performance and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.
- You can view the full LKQ Corporation Ratings Report.
On the negative front,
(
), down 9.5%,
(
), down 9.5%,
(
), down 1.9% and
(
), down 1.8%.
- 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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