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) pushed the Wholesale industry higher today making it today's featured wholesale winner. The industry as a whole closed the day down 0.2%. By the end of trading, Wesco International rose $1.36 (1.7%) to $81.95 on average volume. Throughout the day, 527,423 shares of Wesco International exchanged hands as compared to its average daily volume of 571,500 shares. The stock ranged in a price between $79.94-$82.01 after having opened the day at $80.59 as compared to the previous trading day's close of $80.59. Other companies within the Wholesale industry that increased today were:
), up 6.2%,
), up 4.2%,
), up 3.9% and
), up 3.3%.
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WESCO International, Inc. distributes electrical, industrial, and communications maintenance, repair, and operating (MRO) products; and original equipment manufacturers products and construction materials in North America and internationally. Wesco International has a market cap of $3.7 billion and is part of the services sector. Shares are down 11.5% year to date as of the close of trading on Wednesday. Currently there are 9 analysts that rate Wesco International a buy, no analysts rate it a sell, and 5 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, reasonable valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins.
- You can view the full Wesco International Ratings Report.
On the negative front,
), down 5.2%,
), down 3.8%,
), down 2.3% and
), down 2.2% , 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.