McKesson Inc. (MCK): Today's Featured Wholesale Winner - TheStreet

McKesson

(

MCK

) pushed the Wholesale industry higher today making it today's featured wholesale winner. The industry as a whole closed the day up 0.2%. By the end of trading, McKesson rose 81 cents (0.9%) to $91.83 on light volume. Throughout the day, 1.1 million shares of McKesson exchanged hands as compared to its average daily volume of 1.9 million shares. The stock ranged in a price between $91.04-$92.47 after having opened the day at $91.46 as compared to the previous trading day's close of $91.02. Other companies within the Wholesale industry that increased today were:

China Auto Logistics

(

CALI

), up 8.1%,

Educational Development Corporation

(

EDUC

), up 7%,

China Metro-Rural Holdings

(

CNR

), up 6.1%, and

Longwei Petroleum Investment Holding Limite

(

LPH

), up 5%.

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McKesson Corporation delivers medicines, pharmaceutical supplies, information, and care management products and services for the healthcare industry. McKesson has a market cap of $21.65 billion and is part of the

services

sector. The company has a P/E ratio of 16.4, equal to the average wholesale industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 16.8% year to date as of the close of trading on Monday. Currently there are nine analysts that rate McKesson a buy, no analysts rate it a sell, and four rate it a hold.

TheStreet Ratings rates McKesson as a

buy

. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins.

On the negative front,

SinoHub

(

SIHI

), down 11.1%,

Westinghouse Solar

(

WEST

), down 7.5%,

DXP

(

DXPE

), down 5.7%, and

Edgen Group Inc Class A

(

EDG

), down 4%, were all losers within the wholesale industry with

Beacon Roofing Supply

(

BECN

) being today's wholesale industry loser.

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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