PSS World Medical Inc. (PSSI): Today's Featured Wholesale Winner

PSS World Medical ( PSSI) pushed the Wholesale industry higher today making it today's featured wholesale winner. The industry as a whole closed the day down 1.6%. By the end of trading, PSS World Medical rose 16 cents (0.8%) to $18.91 on heavy volume. Throughout the day, 987,958 shares of PSS World Medical exchanged hands as compared to its average daily volume of 586,300 shares. The stock ranged in a price between $18.71-$19.06 after having opened the day at $18.73 as compared to the previous trading day's close of $18.75. Other companies within the Wholesale industry that increased today were: Longwei Petroleum Investment Holding Limite ( LPH), up 9.4%, Crystal Rock Holdings ( CRVP), up 6.5%, Senomyx ( SNMX), up 4%, and China Metro-Rural Holdings ( CNR), up 3.1%.

PSS World Medical, Inc. distributes medical products and equipments, pharmaceutical products, healthcare information technology, physician dispensing solutions, and professional services to alternate-site healthcare providers in the United States. PSS World Medical has a market cap of $977.4 million and is part of the services sector. The company has a P/E ratio of 13.8, equal to the average wholesale industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 22.5% year to date as of the close of trading on Thursday. Currently there is one analyst that rates PSS World Medical a buy, one analyst rates it a sell, and five rate it a hold.

TheStreet Ratings rates PSS World Medical as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the negative front, Shengkai Innovations ( VALV), down 15.8%, Westinghouse Solar ( WEST), down 14.8%, China Armco Metals ( CNAM), down 12.1%, and China Auto Logistics ( CALI), down 11.7%, were all losers within the wholesale industry with Sysco Corporation ( SYY) 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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