Arrow Electronics Inc (ARW): Today's Featured Wholesale Winner

Arrow Electronics ( ARW) pushed the Wholesale industry higher today making it today's featured wholesale winner. The industry as a whole closed the day up 0.9%. By the end of trading, Arrow Electronics rose 49 cents (1.5%) to $33.56 on average volume. Throughout the day, 724,993 shares of Arrow Electronics exchanged hands as compared to its average daily volume of 853,100 shares. The stock ranged in a price between $33.07-$33.87 after having opened the day at $33.25 as compared to the previous trading day's close of $33.07. Other companies within the Wholesale industry that increased today were: Westinghouse Solar ( WEST), up 20.3%, Chindex International ( CHDX), up 7.2%, China Armco Metals ( CNAM), up 5.8%, and Grupo Casa Saba S.A.B. de C.V ( SAB), up 4.6%.

Arrow Electronics, Inc. distributes products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions worldwide. Arrow Electronics has a market cap of $3.91 billion and is part of the services sector. The company has a P/E ratio of seven, equal to the average wholesale industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 6.3% year to date as of the close of trading on Thursday. Currently there are seven analysts that rate Arrow Electronics a buy, no analysts rate it a sell, and one rates it a hold.

TheStreet Ratings rates Arrow Electronics as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, good cash flow from operations, 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 has had lackluster performance in the stock itself.

On the negative front, Rada Electronics Industries ( RADA), down 11.9%, Bluelinx Holdings ( BXC), down 7.2%, Addvantage Technologies Group ( AEY), down 6.3%, and Longwei Petroleum Investment Holding Limite ( LPH), down 4.9%, were all losers within the wholesale industry with MSC Industrial Direct ( MSM) 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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