Macquarie Infrastructure Company (MIC): Today's Featured Wholesale Loser

The wholesale industry was unchanged today. China Armco Metals Inc ( CNAM), Taitron Components Inc ( TAIT), Arrow Electronics Inc ( ARW), and Rada Electronics Industries Inc ( RADA) were all decliners today within the wholesale industry with Macquarie Infrastructure Company ( MIC) being today's featured wholesale loser. Macquarie Infrastructure Company fell 31 cents (-1.2%) to $24.88 on light volume. Throughout the day, 153,178 shares of Macquarie Infrastructure Company exchanged hands as compared to its average daily volume of 281,900 shares.

Macquarie Infrastructure Company LLC invests, owns, and operates in a diversified group of infrastructure businesses in the United States. Its businesses comprise the energy-related businesses and an aviation-related business. Macquarie Infrastructure Company has a market cap of $1.1 billion and is part of the services sector.

TheStreet Ratings rates Macquarie Infrastructure as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income and generally poor debt management.

On the positive front, Aegean Marine Petroleum Network Inc ( ANW), Universal Power Group Inc ( UPG), SED International Holdings Inc ( SED), and Amcon Distributing Company ( DIT) were all gainers within the wholesale industry with Genuine Parts Company ( GPC) being today's featured wholesale industry winner.

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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