The wholesale industry closed the day down 0.3%. Wesco Aircraft Holdings Inc ( WAIR), Crystal Rock Holdings Inc ( CRVP), Staar Surgical ( STAA), and Westinghouse Solar Inc ( WEST) were all winners today within the wholesale industry with AmerisourceBergen ( ABC) being today's featured wholesale winner. AmerisourceBergen rose 32 cents (0.8%) to $37.94 on light volume. Throughout the day, 2.1 million shares of AmerisourceBergen exchanged hands as compared to its average daily volume of 3.7 million shares. AmerisourceBergen Corporation, a pharmaceutical services company, provides drug distribution and related services to healthcare providers and pharmaceutical manufacturers in the United States, the United Kingdom, and Canada. AmerisourceBergen has a market cap of $10 billion and is part of the services sector. The company has a P/E ratio of 14.8, equal to the average wholesale industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 10.3% year to date as of the close of trading on Wednesday. TheStreet Ratings rates AmerisourceBergen as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, solid stock price performance, 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 shows low profit margins.
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