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, McKesson rose $2.62 (1.5%) to $177.05 on average volume. Throughout the day, 1,659,700 shares of McKesson exchanged hands as compared to its average daily volume of 1,862,000 shares. The stock ranged in a price between $174.17-$178.36 after having opened the day at $174.75 as compared to the previous trading day's close of $174.43. Other companies within the Wholesale industry that increased today were:
), up 5.5%,
), up 4.6%,
), up 3.5% and
), up 3.3%.
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McKesson Corporation, together with its subsidiaries, delivers pharmaceuticals, medical supplies, and health care information technologies to the healthcare industry primarily in the United States. It operates in two segments, McKesson Distribution Solutions and McKesson Technology Solutions. McKesson has a market cap of $40.2 billion and is part of the services sector. Shares are up 8.1% year to date as of the close of trading on Thursday. Currently there are 14 analysts that rate McKesson a buy, 1 analyst rates it a sell, and 2 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full McKesson Ratings Report.
On the negative front,
), down 4.7%,
), down 4.0%,
), down 2.3% and
), down 1.6%.
- 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.