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

Omnicare ( OCR) pushed the Wholesale industry higher today making it today's featured wholesale winner. The industry as a whole closed the day up 0.1%. By the end of trading, Omnicare rose 70 cents (2.3%) to $30.85 on light volume. Throughout the day, 1.1 million shares of Omnicare exchanged hands as compared to its average daily volume of 1.5 million shares. The stock ranged in a price between $29.85-$30.90 after having opened the day at $29.96 as compared to the previous trading day's close of $30.15. Other companies within the Wholesale industry that increased today were: Brightpoint ( CELL), up 6.1%, Crystal Rock Holdings ( CRVP), up 6.1%, China Auto Logistics ( CALI), up 4.9%, and TMS International ( TMS), up 4.4%.

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 $3.35 billion and is part of the services sector. The company has a P/E ratio of 20.3, below the average wholesale industry P/E ratio of 30 and above the S&P 500 P/E ratio of 17.7. Shares are down 13.9% year to date as of the close of trading on Wednesday. Currently there are five analysts that rate Omnicare a buy, no analysts rate it a sell, and two 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 has had lackluster performance in the stock itself.

On the negative front, InfoSonics Corporation ( IFON), down 7.6%, Educational Development Corporation ( EDUC), down 6.7%, LKQ Corporation ( LKQX), down 5.8%, and Rada Electronics Industries ( RADA), down 5.6%, were all losers within the wholesale industry with W.W. Grainger ( GWW) 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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