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 0.5%. By the end of trading, Louisiana-Pacific rose $0.63 (4.0%) to $16.44 on average volume. Throughout the day, 2,410,846 shares of Louisiana-Pacific exchanged hands as compared to its average daily volume of 3,075,700 shares. The stock ranged in a price between $15.76-$16.45 after having opened the day at $15.82 as compared to the previous trading day's close of $15.81. Other companies within the Wholesale industry that increased today were:
), up 8.2%,
), up 5.0%,
), up 3.8% and
), up 3.3%.
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Louisiana-Pacific Corporation, together with its subsidiaries, engages in manufacturing and distributing building products for new home construction, repair and remodeling, manufactured housing, and light industrial and commercial construction. Louisiana-Pacific has a market cap of $2.2 billion and is part of the services sector. The company has a P/E ratio of 9.3, below the S&P 500 P/E ratio of 17.7. Shares are down 17.6% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate Louisiana-Pacific a buy, 1 analyst rates it a sell, and 1 rates it a hold.
TheStreet Ratings rates
. 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, notable return on equity, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins.
- You can view the full Louisiana-Pacific Ratings Report.
On the negative front,
), down 3.6%, was a laggard within the wholesale industry with
) being today's wholesale industry Loser Spotlight stock.
- Use our wholesale section to find industry-relevant news.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the wholesale industry could consider
) while those bearish on the wholesale industry could consider
- Find other investment ideas from our top rated ETFs lists.