McKesson Inc. (MCK): Today's Featured Wholesale Winner

McKesson ( MCK) pushed the Wholesale industry higher today making it today's featured wholesale winner. The industry as a whole closed the day up 0.8%. By the end of trading, McKesson rose $1.25 (1.3%) to $94.88 on light volume. Throughout the day, 1.2 million shares of McKesson exchanged hands as compared to its average daily volume of 1.7 million shares. The stock ranged in a price between $93.50-$95.08 after having opened the day at $93.52 as compared to the previous trading day's close of $93.63. Other companies within the Wholesale industry that increased today were: China Metro-Rural Holdings ( CNR), up 13.1%, Westinghouse Solar ( WEST), up 5.8%, Houston Wire & Cable Company ( HWCC), up 4%, and LB Foster Company ( FSTR), up 3.8%.

McKesson Corporation, together with its subsidiaries, delivers pharmaceuticals, medical supplies, and health care information technologies to the healthcare industry primarily in the United States. It operates in two segments, McKesson Distribution Solutions and McKesson Technology Solutions. McKesson has a market cap of $22.11 billion and is part of the services sector. The company has a P/E ratio of 16.7, equal to the average wholesale industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 20.1% year to date as of the close of trading on Thursday. Currently there are eight analysts that rate McKesson a buy, no analysts rate it a sell, and four rate it a hold.

TheStreet Ratings rates McKesson as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins.

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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