Genuine Parts Company (GPC): Today's Featured Wholesale Winner

Genuine Parts Company ( GPC) pushed the Wholesale industry higher today making it today's featured wholesale winner. The industry as a whole was unchanged today. By the end of trading, Genuine Parts Company rose 97 cents (1.5%) to $65.75 on average volume. Throughout the day, 781,755 shares of Genuine Parts Company exchanged hands as compared to its average daily volume of 915,600 shares. The stock ranged in a price between $64.60-$66.22 after having opened the day at $64.67 as compared to the previous trading day's close of $64.78. Other companies within the Wholesale industry that increased today were: China Auto Logistics ( CALI), up 7.2%, InfoSonics Corporation ( IFON), up 5.4%, Hudson Technology ( HDSN), up 5.4%, and Chefs Warehouse Holdings ( CHEF), up 3.4%.

Genuine Parts Company distributes automotive replacement parts, industrial replacement parts, office products, and electrical/electronic materials in the United States, Puerto Rico, Canada, and Mexico. Genuine Parts Company has a market cap of $10.23 billion and is part of the services sector. The company has a P/E ratio of 17.7, equal to the average wholesale industry P/E ratio and equal to the S&P 500 P/E ratio of 17.7. Shares are up 5.8% year to date as of the close of trading on Monday. Currently there are no analysts that rate Genuine Parts Company a buy, one analyst rates it a sell, and five rate it a hold.

TheStreet Ratings rates Genuine Parts Company as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins.

On the negative front, Arrow Electronics ( ARW), down 8.8%, China Armco Metals ( CNAM), down 5.8%, Brightpoint ( CELL), down 3.9%, and Westinghouse Solar ( WEST), down 3.5%, were all losers within the wholesale industry with McKesson ( MCK) being today's wholesale industry loser.

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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