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 down 0.1%. By the end of trading, Omnicare rose $2.39 (4.7%) to $53.13 on heavy volume. Throughout the day, 2,866,896 shares of Omnicare exchanged hands as compared to its average daily volume of 900,000 shares. The stock ranged in a price between $50.82-$53.54 after having opened the day at $51.36 as compared to the previous trading day's close of $50.74. Other companies within the Wholesale industry that increased today were:
), up 4.6%,
), up 3.9%,
), up 3.8% and
), up 2.6%.
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Omnicare, Inc. operates as a healthcare services company that specializes in the management of pharmaceutical care in the United States and Canada. The company operates in two segments, Long-Term Care Group and Specialty Care Group. Omnicare has a market cap of $5.3 billion and is part of the services sector. Shares are up 40.6% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate Omnicare a buy, no analysts rate 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 growth in earnings per share, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, solid stock price performance 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 Omnicare Ratings Report.
On the negative front,
), down 7.2%,
), down 6.0%,
), down 4.2% and
), down 3.6% , were all laggards within the wholesale industry with
) being today's wholesale industry laggard.
- 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
) while those bearish on the wholesale industry could consider
- Find other investment ideas from our top rated ETFs lists.