Cardinal Health Inc (CAH): Today's Featured Wholesale Loser

Cardinal Health ( CAH) pushed the Wholesale industry lower today making it today's featured Wholesale loser. The industry as a whole closed the day down 0.1%. By the end of trading, Cardinal Health fell 34 cents (-0.8%) to $42.34 on average volume. Throughout the day, 2.3 million shares of Cardinal Health exchanged hands as compared to its average daily volume of 2.2 million shares. The stock ranged in price between $42.23-$42.83 after having opened the day at $42.58 as compared to the previous trading day's close of $42.68. Other company's within the Wholesale industry that declined today were: VOXX International ( VOXX), down 17.7%, Commercial Vehicle Group ( CVGI), down 9.4%, China Armco Metals ( CNAM), down 7.7%, and Universal Power Group ( UPG), down 5.4%.

Cardinal Health, Inc. operates as a healthcare services company that provides pharmaceutical and medical products and services. The company operates in two segments, Pharmaceutical and Medical. Cardinal Health has a market cap of $14.74 billion and is part of the services sector. The company has a P/E ratio of 14.1, below the average wholesale industry P/E ratio of 14.4 and below the S&P 500 P/E ratio of 17.7. Shares are up 4.9% year to date as of the close of trading on Tuesday. Currently there are 11 analysts that rate Cardinal Health a buy, no analysts rate it a sell, and one rates it a hold.

TheStreet Ratings rates Cardinal Health as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, revenue growth, attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, SinoHub ( SIHI), up 7.3%, Rada Electronics Industries ( RADA), up 6.5%, InfoSonics Corporation ( IFON), up 6.4%, and SED International Holdings ( SED), up 4.8%, were all gainers within the wholesale industry with AmerisourceBergen ( ABC) 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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