Omnicare Inc (OCR): Today's Featured Wholesale Loser

Omnicare ( OCR) pushed the Wholesale industry lower today making it today's featured Wholesale loser. The industry as a whole closed the day down 1.1%. By the end of trading, Omnicare fell 88 cents (-2.5%) to $33.89 on light volume. Throughout the day, 906,907 shares of Omnicare exchanged hands as compared to its average daily volume of 1.6 million shares. The stock ranged in price between $33.89-$34.89 after having opened the day at $34.79 as compared to the previous trading day's close of $34.77. Other company's within the Wholesale industry that declined today were: Westinghouse Solar ( WEST), down 19.1%, SinoHub ( SIHI), down 17.9%, Rada Electronics Industries ( RADA), down 10.3%, and China Armco Metals ( CNAM), down 9.5%.

Omnicare, Inc. operates as a healthcare services company that specializes in the management of pharmaceutical care in the United States and Canada. Omnicare has a market cap of $3.97 billion and is part of the services sector. The company has a P/E ratio of 24.1, below the average wholesale industry P/E ratio of 35.5 and above the S&P 500 P/E ratio of 17.7. Shares are up 0.9% year to date as of the close of trading on Tuesday. Currently there are five analysts that rate Omnicare a buy, no analysts rate it a sell, and three rate it a hold.

TheStreet Ratings rates Omnicare as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, compelling growth in net income, revenue growth, 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 weak operating cash flow.

On the positive front, CE Franklin ( CFK), up 4.9%, Navarre Corporation ( NAVR), up 4.8%, Chindex International ( CHDX), up 4.3%, and Chefs Warehouse Holdings ( CHEF), up 3%, were all gainers within the wholesale industry with Beacon Roofing Supply ( BECN) 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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