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 closed the day down 0.1%. By the end of trading, Genuine Parts Company rose 41 cents (0.7%) to $61.93 on average volume. Throughout the day, 813,617 shares of Genuine Parts Company exchanged hands as compared to its average daily volume of 934,100 shares. The stock ranged in a price between $61.15-$62.05 after having opened the day at $61.64 as compared to the previous trading day's close of $61.52. Other companies within the Wholesale industry that increased today were: Westinghouse Solar ( WEST), up 12.6%, China Auto Logistics ( CALI), up 8.1%, Educational Development Corporation ( EDUC), up 5.9%, and Universal Power Group ( UPG), up 5.3%.

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 $9.38 billion and is part of the services sector. The company has a P/E ratio of 16.2, equal to the average wholesale industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 0.5% 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 six 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, reasonable valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins.

On the negative front, Rada Electronics Industries ( RADA), down 6.9%, Lawson Products ( LAWS), down 5.5%, China Armco Metals ( CNAM), down 5.4%, and Senomyx ( SNMX), down 4.6%, were all losers within the wholesale industry with Arrow Electronics ( ARW) 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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