The wholesale industry closed the day up 1.7%. China Auto Logistics Inc ( CALI), Watsco Inc ( WSO), Watsco Inc ( WSO.B), and INX Inc ( INXI) were all decliners today within the wholesale industry with Macquarie Infrastructure Company ( MIC) being today's featured wholesale loser. Macquarie Infrastructure Company fell 17 cents (-0.7%) to $24.62 on light volume. Throughout the day, 135,854 shares of Macquarie Infrastructure Company exchanged hands as compared to its average daily volume of 286,500 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 $1.2 billion and is part of the services sector. The company has a P/E ratio of 52.5, equal to the average wholesale industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 17.1% year to date as of the close of trading on Wednesday.

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, China Metro-Rural Holdings ( CNR), China Armco Metals Inc ( CNAM), Rada Electronics Industries Inc ( RADA), and Global Partners ( GLP) were all gainers within the wholesale industry with AmerisourceBergen ( ABC) 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).
null